The Hurricane Insurance Protection – Wind Index (HIP-WI) Endorsement provides coverage for a portion of the deductible of the underlying crop insurance policy, when the county, or a county adjacent to it, is subjected to sustained hurricane force winds within its boundaries according to National Oceanic and Atmospheric Administration (NOAA). The policyholder can elect coverage […]
Federal crop insurance continues to evolve for the better as producers’ suggestions are implemented through policy enhancements and new policy development. Currently apples can be insured under the Actual Production History (APH) program offered by the Risk Management Agency (RMA). This program has proven to be valued by apple producers, with 79% of total apple […]
Prices Drop on Pandemic Fears USDA’s latest Cattle on Feed report, released March 20, shows the number of animals on feed to be essentially unchanged from 2019. This report showed a total inventory of 11.806 million head for the United States on March 1. This lack of change year-over-year is right in line with analysts’ […]
USDA’s recent Agricultural Outlook Forum presented the first look at balance sheet projections for the 2020/2021 crop year. These supply and demand forecasts will be updated in the May World Agricultural Supply and Demand Estimates report and will also include acreage information from USDA’s March Prospective Plantings report, which will include surveyed farmers’ 2020 planting […]
There have been updates, detailed in an RMA bulletin linked below, released for Prevented Planting acreage. This will apply to the 2019 Crop Year. Prior to today, if a cover crop was hayed or grazed prior to November 1, or otherwise harvested at any time, the Prevented Planting payment would be reduced to 35% of […]
The American Farm Bureau Federation announces the launch of Market Intel, a new series of market intelligence reports available at fb.org/marketintel and on Twitter (@FBMarketIntel). Market Intel will provide timely market intelligence on the agricultural economy for farmers, ranchers, lawmakers and consumers, according to AFBF. “Soybeans Trumping Corn in 18 States” by AFBF’s Dr. John […]
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