Editor's Picks
Tag: crop insurance
Margin Protection Revenue and Cost Components Sep 15, 2022
Current high commodity prices and the current high-cost environment in 2023 brings new interest to the Margin Protection (MP) crop insurance product ahead of the 2023 MP decision deadline on […]
Crop Insurance: Margin Protection – What Is It, Does It Help? Sep 4, 2022
Margin Protection (MP) is multi-peril crop insurance that provides coverage against unexpected decreases in operating margins. Given the expectation for higher costs and lower returns for 2023, there may be […]
Pennsylvania Corn: What to Do If You Insured Your Crop for Grain and Your Harvest Plans Change Aug 21, 2022
With the dry conditions that are widespread through the Commonwealth, many farmers who insured their corn for grain and now considering chopping it for silage. Before you do anything, contact […]
Crop Insurance: SCO and ECO Program Use Aug 10, 2022
Since 2014, supplemental area plans of insurance have been introduced into the Federal crop insurance program. These supplemental area plans – the Supplemental and Enhanced Coverage Options (SCO and ECO) […]
Crop Insurance Performance by Crop Persists Over Time Jul 29, 2022
The Risk Management Agency (RMA) undertook a rating review that was published in 2011 because of relatively low loss ratios for some crops, including corn and soybeans. Revised ratings began […]
The 2021 Crop Insurance Loss Performance Jul 8, 2022
The Risk Management Agency (RMA) recently realized 2021 county yields, thereby allowing payments to be made on area plans of insurance, including Supplemental Coverage Option (SCO) and Enhanced Coverage Option […]
Crop Insurance: Importance of Historical Weather Info to Setting Premiums Jul 8, 2022
A new study by agricultural economics experts from Texas A&M AgriLife and Virginia Tech makes a strong case for using historical weather information in crop insurance programs for even more accurate […]
2023 Farm Bill Could Top $1Trl, Funding to Remain Flat for Conservation/Climate Programs Jun 27, 2022
Inflation and increased food costs are driving up the price tag for the 2023 Farm Bill above $1 trillion, according to American Farm Bureau Economist Shelby Myers. Myers was part […]
Farm Bill Witnesses Urge Protection Improvements Amid High Input Costs Jun 21, 2022
Eleven witnesses testifying at a Farm Bill field hearing in Arkansas sought stronger protections amid high production costs, as well as support for conservation measures, programs to increase broadband in […]
Corn, Soybeans: Tracking Prevent Plant Acres in 2022 Jun 10, 2022
A key pricing variable for U.S. corn and soybeans planted in 2022 is the acres elected into crop insurance prevent plant program. U.S. planting progress as of June 5 is […]
