Tag Archives: crop insurance

Will the FARMER Act Get Traction in the Senate?

By Paul Neiffer FARM CPA Report Senator John Hoeven (R-N.D.) introduced the Federal Agricultural Risk Management Enforcement Act (FARMER) on April 9. This act tries to enhance participation in the federal crop insurance system by increasing subsidies on coverage at higher levels and making some changes to Supplemental Coverage Option (SCO). The farm sector’s consistent yield areas are usually able ... Read More »

ARC/PLC now open for 2024 crop year enrollment

Agricultural producers can now enroll in the Farm Service Agency’s (FSA) Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2024 crop year. Producers can enroll and make election changes for the 2024 crop year starting through March 15, 2024. On Nov. 16, 2023, President Biden signed into law H.R. 6363, the Further Continuing Appropriations and Other ... Read More »

Bennet, Marshall Introduce Bill to Improve Crop Insurance for Drought

From the National Association of Wheat Growers Sens. Bennet (D-Colo.) and Marshall (R-Kan.) have introduced new legislation to improve the flexibility of the U.S. Department of Agriculture’s (USDA) crop insurance programming for wheat farmers facing unprecedented drought. Currently, farmers do not have the option through the USDA Risk Management Agency (RMA) to separately ensure enterprise units by fallow or continuous ... Read More »

Enrollment for ARC/PLC now open

Agricultural producers can now change election and enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage programs for the 2023 crop year, two key safety net programs offered by the U.S. Department of Agriculture (USDA). Producers have until March 15, 2023, to enroll in these two programs. Additionally, USDA’s Farm Service Agency (FSA) has started issuing payments totaling ... Read More »

Crop insurance should be protected

From Progressive Farmer Larger farmers would leave the crop insurance program if Congress went along with proposals to cap crop insurance premium subsidies or means test farmers, industry leaders told members of the House Agriculture Committee on Wednesday. Read the rest of the article here. Read More »

Keeping the tools sharp

RMA reviewing crop insurances wheat program By Trista Crossley Editor, Wheat Life Farmers know that regular maintenance is the key to keeping their equipment running smoothly, but sometimes even the tools in the toolbox need a little maintenance of their own.  Last October, the Risk Management Agency (RMA) began reviewing the crop insurance program for wheat to determine if improvements ... Read More »

WAWG submits RMA letter supporting insurance changes

Last month, the Washington Association of Wheat Growers (WAWG) sent a letter to Richard Flournoy, acting administrator of the Risk Management Agency (RMA), providing feedback on two proposed crop insurance regulation changes. Specifically, WAWG supported a change that would allow winter wheat and spring wheat to be insured as separate enterprise units. Currently, all types of wheat are grouped together. ... Read More »

Wheat crop insurance harvest prices announced

From the Capital Press The USDA Risk Management Agency has announced the crop insurance harvest prices for wheat. The agency will use a price of $9.86 per bushel for winter wheat and $9.21 per bushel for spring wheat. Read the rest of the article here. (A list of FAQs on the wheat harvest price from RMA is here.) Read More »

RMA publishes wheat harvest price FAQs

From the Risk Management Agency Q: Soft white wheat protein levels are really high this year. Is RMA taking that into consideration, and does the RMA price reflect the value of SWW at 10.5 percent protein instead of SWW value generically? A: A single harvest price is issued by RMA, which reflects a normal range of protein (10.5 percent).  The ... Read More »

Dealing with crop insurance in 2021

From smallgrains.wsu.edu With wheat harvest starting, the crop year 2021 has been one of, if not the most challenging years we’ve experienced here in eastern Washington and across the Pacific Northwest mostly because of a record dry spring, record heat, and let us not forget the multiple frost events this spring. This year has been a learning experience for myself ... Read More »