NEWS
Insurance Again Challenged
Chris Clayton DTN Ag Policy Editor
Wed May 1, 2013 10:31 AM CDT

OMAHA (DTN) --- The federal government could save money by stopping farmers from buying "Cadillac" crop insurance policies but taxpayers might end up paying more on the back end through ad-hoc disaster programs.

As the House and Senate Agriculture Committees prepare to take yet one more swing at drafting new versions of a farm bill, the Environmental Working Group is taking another Don Quixotesque charge at crop insurance.

The EWG released a report Wednesday from Iowa State University agricultural economics professor Bruce Babcock analyzing the high costs of crop insurance. The report largely focused on the farmer shift to buying ...

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