Farm groups and some members of Congress are worried that the HPO in crop insurance revenue policies could be eliminated or weakened when the bill is debated.
The goal in Congress is to pass a new farm bill by Christmas, Senator Charles Grassley (R-IA) told farmers and agribusiness leaders at the 2017 Iowa Ag Summit.
You have a broad spectrum of insurances to choose from, and picking the right ones and the right levels of coverage is critical to keeping your farm operation afloat.
In a time of tight margins, crop insurance is one farming tool that isn’t changing much for 2017. Yet, some argue that many producers still aren’t using revenue protection to its full advantage.
Some argue that many producers still aren’t using the most popular type of insurance – revenue protection (RP) – to its full advantage as a marketing aid.
In a study released this month, economists from USDA’s Economic Research Service show that over time, some farmers will substitute savings for insurance.
