FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Wed May 22, 2013 06:29 AM CDT


Truth Serum for Crop Insurance Costs


Journalists are supposed to make the complex simple. What I am about to say involves crop insurance, so I apologize in advance.

Much has been debated recently about how much crop insurance costs in taxpayer subsidies. For the last year I've read more actuarial data, Risk Management Agency reports, Environmental Working Group exposes and insurance industry retorts than I care to remember. As Congress begins debate, it's worth a little fact checking. Don't err by saying a record $17.2 billion in claims paid to date on the 2012 crop are the true ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
Ag Interest Rate Snapshot
Senior Partners - 4
Batten Down the Hatches
DuPont Trims Outlook on Ag Weakness
Woodbury: Farm Family Business
Hearing on Railroad Revenue Adequacy
Grain Shipper Files for Bankruptcy
Syngenta Rejects Monsanto Again