Mo. Corn Growers Association president stresses importance of crop insurance | Drastic payment declines prompt reconsideration of ARC program | Iowa farmers optimistic about corn outcome after tough year
October 16, 2017
NCIS SmartBrief
Risk management news for the farming community
Crop Insurance Industry News
Mo. Corn Growers Association president stresses importance of crop insurance
Kyle Kirby began his term as president of the Missouri Corn Growers Association Oct. 1, and among his top priorities are finding new demand for crops, repairing outdated transportation systems and preserving crop insurance. "It helps farmers make sure their bills can get paid in a bad year," he said.
The Joplin Globe (Mo.) (tiered subscription model) (10/15) 
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Legislation and Policy
Drastic payment declines prompt reconsideration of ARC program
Farmers and advocates are recommending the Agricultural Risk Coverage program be significantly changed to remain a useful risk management option, Chris Clayton writes. Coverage amounts through the ARC program have dropped much lower than anticipated when the 2014 farm bill was written, said Carl Zulauf of Ohio State University.
DTN/The Progressive Farmer (10/13) 
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Weather and the Economic Climate
Iowa farmers optimistic about corn outcome after tough year
Iowa corn yields are likely to exceed expectations, especially given how dry the last two months have been, said representatives of the Iowa Corn Growers Association and the Iowa Corn Promotion Board. Recent precipitation provided helpful moisture that will also benefit cover crops, they said.
Iowa Farmer Today (10/13) 
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Florida's ag industry faces a $2.5B hit from Irma
Florida fruit, vegetable and floral growers face losses in excess of $2.5 billion on a multitude of crops damaged by Hurricane Irma, according to Agriculture Commissioner Adam Putnam. "The losses are staggering; in many cases, the tale of those losses will be multiple years," he said.
Orlando Sentinel (Fla.) (tiered subscription model)/The Associated Press (10/12) 
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Fires pose an ongoing threat to Calif. growers
Fires pose an ongoing threat to Calif. growers
(Odd Andersen/AFP/Getty Images)
Wildfires that have killed at least 40 in Northern California are threatening agricultural land, but thus far, the California Fresh Fruit Association hasn't received any reports of damage to members' farms. "But with this being such an immediate and ongoing situation in multiple areas of the state right now, it's hard to put our finger on how this could impact the California fresh fruit market," said Ian LeMay, CFFA member relations director.
Fresh Fruit Portal (Chile) (10/11),  CNN (10/11),  CNN (10/16) 
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Trends and Tips
Documentation is critical to successful crop insurance claims
Producers should carefully document the instructions adjusters provide when they begin the process of filing a claim, writes attorney John J. Schwarz II. Crop insurance claim reporting can be complex, and thorough documentation is key to preventing complications, he writes.
Farmers' Advance (10/11) 
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Examine these factors when considering adding an employee
An eight-step checklist can help farmers make objective decisions regarding whether to add additional employees to their operations, writes Michael Langemeier of Purdue University. Understanding benchmarks and knowing how to calculate profitability and gross revenue are essential, he writes.
Indiana Prairie Farmer (10/13) 
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My wife and I have risked our livelihood to maintain the farm for our children and grandchildren, just as my parents and grandparents did for us. Without crop insurance, we would have to quit farming.
Darrell Crapp,
farmer, Lancaster, Wis.
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