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NEVADA, Iowa, Feb. 16-- The Center for Rural Affairs issued the following news release:. The Center for Rural Affairs applauds expansions to federal crop insurance recently announced by the U.S. Department of Agriculture's Risk Management Agency. "Producers should take note that the March 15 deadline differs from the acreage reporting date later in the season by...
Cover crop insurance Cover crops are a conservation practice with wide ranging benefits, from improving soil health to protecting water quality. Many farmers who planted fall cover crops are now eligible for a discount on their crop insurance premium, thanks to a new program announced June 1. The Pandemic Cover Crop Program (PCCP), available from the U.S. Department of Agriculture’s Risk Management Agency, offers a discount of $5 per acre on a farmer’s 2021 crop insurance premium, but no more than the full premium price. To be eligible, a producer must report their fall cover...
MT. JULIET, Tenn. (DTN) — Spring crop insurance guarantees for corn and soybeans will be $4.58 and $11.87 per bushel, respectively, increases of $0.70 and $2.70 from last year. For corn, it’s the highest spring guarantee since 2014; it’s the highest since 2013 for soybeans. The guarantees are an integral part of revenue protection crop insurance policies. While farmers have several types of federally subsidized crop insurance to choose from, revenue protection is the most popular. The spring guaranteed prices are calculated by averaging the daily close of the December corn and November ...
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Crop insurance premiums may cause farmers