Agricultural industry stakeholders in Colorado, Nebraska, Oklahoma and Kansas are staging the annual crop insurance workshop Nov. 2 in Enid, Okla. The event will feature talks from legislative leaders, policy experts and risk management specialists.
The USDA published a new fact sheet to guide farmers who plan to file crop insurance claims due to weather-damaged soybeans. "To be eligible for quality adjustment payments, soybeans must grade sample grade or worse," said Max Fisher, director of economics and government relations for the National Grain and Feed Association.
Farmers in Oklahoma, already struggling after a bad wheat harvest, face additional uncertainty as a result of Congress' inactivity on a new farm bill, which won't affect crop insurance but will end funding for other programs by 2018's end. "We are sowing on faith that the Congress will get their act together," wheat and cattle farmer Jimmy Kinder said.
The Dairy Forward Pricing Program, which locks in milk production prices for dairy farmers, is among several programs that will not receive funding once the current farm bill ends, concerning leaders of Wisconsin's agricultural organizations. However, members of Congress are likely to extend the bill before funding completely dissolves, said Kara O'Connor, government relations director for the Wisconsin Farmers Union.
Hurricane Michael landed with 155 mph winds Wednesday night, posing a bigger threat to Georgia produce growers than initially thought, and damage could reach $1 billion, according to Jeff Dorfman, an agricultural economist at the University of Georgia. It's harvest time for a multitude of crops, including pecans, peanuts, soybeans and fall vegetables.
Sprouting caused by excess moisture from rain has become a common problem for corn farmers this season. Farmers with sprouted and molded crops should speak with their crop insurance agents about filing claims.
Crop insurance is something you hope you never have to use. It doesn't pay for the total cost of planting a crop of wheat. But it will keep farmers in business for the next season -- and that's the whole point of a safety net.
David Schemm, former president, National Wheat Growers Association