Impact of COVID-19 on Agriculture

This Much is Certain: For Farmers, Crop Insurance is Essential

News / In The News October 6, 2016

This Much is Certain: For Farmers, Crop Insurance is Essential,” an op-ed in the Des Moines Register by Craig Hill, president of Iowa Farm Bureau, makes the case that there is no substitute for the risk protection that crop insurance provides in years when Mother Nature is farmers’ enemy.

Hill explains that crop insurance allows farmers to pay a premium to alleviate to some degree some of the uncertainties of farming. He also points out that crop insurance, no matter what type, is far from a handout – despite what naysayers of the program claim.

“The safety net that crop insurance provides is essential and is more important now than ever before,” Hill wrote, referring to the fact that the farm economy has seen better days, with farm income projected to decrease again.  

Share This Article

 

Farm bankruptcies increased 8% over a 12-month period, with 580 filings from June 2019 to June 2020. A six-month comparison, however, shows the number of new Chapter 12 filings slowing. Several contributing factors are likely at play as farmers struggle to stay afloat during the COVID-19 pandemic.

Full Article
 

The American Farm Bureau Foundation for Agriculture and the Ford Motor Company are teaming up to put agriculture education resources in the hands of teachers and students across the country.

Full Article