CancelPost Comment

Crop Insurance: When "Subsidies" mean "Strong" 02/15/2012 @ 8:10am As a writer, I pay attention to the wordsmithing as Washington begins to discuss...anything. Apparently, certain words are chosen, and then repeated to the point that each of us create our own hard-wired definition and it begins to relieve us from the burden of thought. "Sustainablity" is an extreme example. The crop insurance debate has chosen "Strong". Since I am not yet hardwired for Strong = Subsidies, I am still thinking, but it is getting harder. It is to the point that I am going to ask my insurance company if my unsubsidized car and house insurance is "Weak". As a farmer, I realize the important of crop insurance, but I also understand the importance of risk and how that creates opportunities of innovation. Since the age of farmers creeps up, the policies start looking more like a comforter than a safety net. Just like direct payments are incorporated into land values, crop insurance subsidies are incorporated into status quo at a time when ag really needs new blood that is far more willing to address risk in an innovative manner than with a Strong Subsidy program.

Report Abuse Reply
MORE FROM DANIEL LOOKER more +

Yield Exclusion Can Boost Your APH By: 01/18/2016 @ 10:26am If you farm in a region that’s been hammered by years of drought – or maybe too much rain –…

Farmers Business Network Announces New… By: 12/17/2015 @ 2:42pm Farmers Business Network, Inc., (FBN) a rapidly growing data sharing and analysis service for…

Silver Linings in EPA Ruling for RFS By: 12/04/2015 @ 4:20pm The EPA’s final blending mandates for biofuels announced Monday are already affecting corn…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Ageless Iron TV: Tractors at War
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]