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American Farm Bureau Insurance Services, Inc

American Farm Bureau Insurance Services, Inc

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News Archive

After Recovering from Weather, Demand Becomes the Story in Beef and Pork Markets

After Recovering from Weather, Demand Becomes the Story in Beef and Pork Markets

Apr 01 2021

Though last month’s winter storm impacted the cattle and hog markets, recent declines in slaughter numbers are not tied solely to the weather. Fewer hogs available and surging demand have been underpinning hog and pork market values. When examining hog slaughter, strong January slaughter has been largely in line with the start of 2020, and […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

Agriculture and Sustainability

Agriculture and Sustainability

Mar 03 2021

Agriculture and sustainability are two words often said together these days. It seems like almost every month, more companies of various sizes across many industries are announcing new sustainability commitments, along with sustainability programs and markets that farmers and ranchers can participate in. Advancements in technology and increased capital have provided farmers more opportunities to […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

RMA Increases Subsidies for Livestock Risk Protection, Makes Additional Improvements

RMA Increases Subsidies for Livestock Risk Protection, Makes Additional Improvements

Jan 29 2021

USDA’s Risk Management Agency on January 19 announced changes to the Livestock Risk Protection insurance program for swine, fed cattle and feeder cattle. These improvements build upon changes implemented by RMA over the past year. Effective January 20, these LRP enhancements are part of a larger RMA effort to provide additional, improved options for farmers. […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

2021 Livestock and Crop Outlook

2021 Livestock and Crop Outlook

Jan 11 2021

After all that was 2020, the AFBF Economics Team previews what 2021 could look like for livestock and crop markets. The headline that took up almost all of 2020 was COVID-19. With a new year ahead of us, we turn our attention to what 2021 will have in store for crops and livestock; the outlook […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

Reviewing the Enhanced Coverage Option Available from USDA RMA

Reviewing the Enhanced Coverage Option Available from USDA RMA

Nov 30 2020

Recently announced by USDA’s Risk Management Agency, the Enhanced Coverage Option (ECO) is a federal crop insurance product available alongside the underlying crop insurance policy for 31 spring-planted crops. Crops eligible when coverage starts for the 2021 crop year include corn, soybeans, wheat, cotton, peanuts, rice, oats, barley, hybrid corn seed, popcorn, silage sorghum, canola, […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

Fall Cattle Inventory Reports

Fall Cattle Inventory Reports

Nov 11 2020

As we head further into fall, cattle inventories continue their return to relative normal, with most of the kinks from COVID-19 slaughter facility disruptions having worked themselves out. We see record cattle on feed, but a return to normal seasonal movements in total inventories. We have seen larger placements driven by positive margins and dryer […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

Coronavirus Food Assistance Program (CFAP) 2 For Field Crops

Coronavirus Food Assistance Program (CFAP) 2 For Field Crops

Sep 29 2020

USDA recently announced details of a new $14 billion Coronavirus Food Assistance Program, or CFAP 2, that will provide direct payments to help farmers and ranchers struggling with COVID-19-related losses. This second program follows more than $10 billion in support provided to cattle, hog, dairy, non-specialty crop, specialty crop and other producers to offset COVID-19 related losses […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

2020 Corn and Soybean Yields Will Inevitably Be Lower

2020 Corn and Soybean Yields Will Inevitably Be Lower

Sep 01 2020

August Crop Surveys Indicate Record Corn and Soybean Yields But Weather Surprises Suggest Yields Will Decrease In August, USDA’s Crop Production Report estimated record corn and soybean yields based on the data collected in producer surveys as of August 1. For the 2020 crop year, USDA estimates U.S. corn yield to be 181.8 bushels per acre, […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

Dairy Revenue Protection and Large Negative PPDs

Dairy Revenue Protection and Large Negative PPDs

Aug 05 2020

Dairy Revenue Protection helps dairy farm families protect against the volatility of milk and dairy commodity prices by insuring their revenue. Since it was introduced in October 2018, nearly 100 billion pounds of milk have been insured under the program. Many dairy farmers and policymakers pointed to DRP as a lifeline when milk prices dramatically […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

Changes to Livestock Risk Protection Improve Valuable Risk Management Tool

Changes to Livestock Risk Protection Improve Valuable Risk Management Tool

Jun 30 2020

On June 9, USDA’s Risk Management Agency announced changes to the Livestock Risk Protection insurance program for swine, fed cattle and feeder cattle. The improvements, which include moving premium due dates and increasing premium subsidies, will be implemented by July 1 for the 2021 crop year. In addition to the changes, RMA is authorizing additional […]

Written by AFBIS Inc · Categorized: AFBF Market Intel, News

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@FBSellsCropIns

- 3 days ago

Today is the #CropInsurance Production Reporting Date for many spring crops with a 2/28 SCD. Be sure to check out the April Crop Watch to get the latest info on production reporting and all the APH topics to watch! https://t.co/0fTfSAsyKc https://t.co/texgwpKr8W
h J R
@FBSellsCropIns

- 10 days ago

Economist @NepveuxMichael with the @FBMarketIntel team breaks down the current beef and pork markets in this month's article "After Recovering from Weather, Demand Becomes the Story in Beef and Pork Markets" https://t.co/l20YJBzCRM
h J R
@FBSellsCropIns

- 15 days ago

A new month means a new Crop Watch! Check out this edition for the latest Production Reporting & APH tips, Conservation Compliance reminders, and SO much more! https://t.co/YmSMa80PJw https://t.co/2OZsW82jQ8
h J R
@FBSellsCropIns

- 16 days ago

April Fools - 2021 Prospective Plantings: Corn and Soybean Planting Intentions Fall Short of Expectations for a Supply Boost. Find out more from @ShelbyMyersAg and the @FBMarketIntel look at prospective #plant21 outlook. https://t.co/hj1qpzLG21
h J R
@FBSellsCropIns

- 23 days ago

We would like to recognize and congratulate Brett Lehman on 20 years with AFBIS this month! Brett is the Claims Director & has been a great leader to the claims staff and a fantastic resource for loss adjustment procedures. Thank you for your dedication to AFBIS & crop insurance! https://t.co/O3bKXyOvHT
h J R
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Raleigh, NC 27612
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