Articles tagged under: crop insurance

Maximizing Crop Insurance Benefits

Published October 8, 2024

Crop insurance claims are likely to be plentiful this year with the wet spring and periodic hail storms. Due to depressed prices, farmers can utilize crop insurance at a greater percentage of the APH yield. “We’re below that spring price.…

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Crop Insurance Losses Mount Due to Helene

Published October 8, 2024

USDA’s Risk Management Agency is estimating more than 38,000 crop insurance policies covering 4.8 million acres are in place in the areas affected by Hurricane Helene. USDA has instructed crop insurance companies to expedite claims and make payments within 30…

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Crop Insurance Shakeup

Published July 3, 2024

A large international specialty insurance brokerage firm, Risk Strategies, has acquired Silveus Insurance Group. Silveus is the largest independent crop insurance provider in the United States. The terms of the deal were not disclosed.

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Minnesota Floods Leave Farmers Floored

Published June 30, 2024

According to Pioneer Sales Associate Tim Garry, the floods affecting much of central and southern Minnesota have shut down any hope of corn replants. "Corn is done," said Garry. "There might be some that go and try to put something…

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FCIC Adjusts ECO Rate for ’25

Published June 17, 2024

The Federal Crop Insurance Corporation board has approved an increase in the Enhanced Coverage Option subsidy rate for the 2025 crop insurance year. This rate will increase from 44 percent to 65 percent, which aligns with the endorsement for the…

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Swenson Snapshot

Published June 9, 2024

Peterson Farms Seed Lead Agronomist Rick Swenson says farmers are having trouble completing their first weed control application due to the wind and rain. "I would've liked to see some of this stuff sprayed a week ago, but that's just…

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Rain, Rain, Go Away

Published June 8, 2024

This has not been a typical spring. "This isn't our wettest spring, but it is one of our most trying," says Todd Stanley, who farms at Grygla, Minnesota. "It just rains every day or every other day. People have been…

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Consult With Your Crop Insurance Agent

Published May 25, 2024

For a large portion of the Dakotas and northern Minnesota, the final multi-peril crop insurance plant date for corn was Saturday. May 31 is the deadline in portions of the eastern Dakotas and the balance of Minnesota. Countryside Insurance owner…

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No Impact on Crop Insurance Program

Published April 11, 2024

Crop insurance shouldn’t be impacted by the National Ag Statistics Service decision to drop county data collection. "We no longer use that data for crop insurance," said Rich Morrison, vice president of farm services, NAU Country. "About three years ago,…

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Boozman Lauds FARMER Act

Published April 10, 2024

Agriculture Committee Chairman John Boozman praised North Dakota Senator John Hoeven's FARMER Act from the Senate floor. Boozman said work must be done to enhance the safety net for farmers and ranchers in the farm bill. "Here's the reality; producers…

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