crop insurance News

Confusion over Insuring Crop that Produces Jet Fuel Cleared Up

The federal government has finalized procedures to insure a new crop that’s being grown to produce jet fuel. Farmers in North Dakota last year planted 6,000 acres of the mustard seed variety known as carinata, but insurance agents were unclear …

Georgia Crops Threatened by Warm Winter Weather

Georgia farmers have endured a winter that wouldn’t start and rains that wouldn’t quit. The state’s pecan, peach and blueberry crops have been threatened by too many warm days and too much water, growers across Georgia said recently. The final …

Cargill to Sell Crop Insurance Business to Silveus

Cargill Inc. agreed to sell its crop insurance unit, the latest move by the giant U.S. agricultural commodity trader and producer to reshape its business amid low crop prices. The insurance operation will be sold to Silveus Insurance Group, Minneapolis-based …

Feds Investigating Potential Crop Insurance Fraud in Kentucky

Federal investigators say they believe Central Kentucky tobacco farmers, crop insurance agents, tobacco warehouse owners and others conspired to defraud thousands and possibly millions of dollars from the U.S. Department of Agriculture’s program that insures crops. The Lexington Herald-Leader reports …

Kentucky Farmers Ready for Growth of Hemp Industry

Tucked away off a narrow country road in Clark County, Kentucky, in the middle of a farm, 27 acres of hemp grew all summer. Now, the plants will be harvested and processed. Kentucky, hailed as a leader by industrial hemp …

Florida Man Charged with Fraud, Theft of 4M Pounds of Citrus

State agriculture officials say a Florida man is accused of illegally obtaining more than 4 million pounds of citrus, valued at over half a million dollars, from five different individuals and companies. Agriculture Commissioner Adam Putnam said in a news …

West Virginia Livestock Producers Offered Pilot Insurance Program

A pilot insurance program is being offered to West Virginia livestock producers to help manage financial risk. The Rainfall Index Pasture, Rangeland, Forage program’s payments aren’t based on single weather stations or individual rain gauges. Instead, the program uses a …

Ag Losses in Louisiana from Feral Hogs Estimated at $74M

Feral hogs cost Louisiana farmers more than $74 million in crop losses and other damage in 2013, according to a new study by the LSU AgCenter. AgCenter economist Shaun Tanger, who’s been gathering data from farmers about feral hog activity …

Hudson Crop Launches Total Revenue Coverage

Hudson Insurance Co. has added Total Revenue Coverage (TRC) to Hudson Crop’s suite of private products. TRC is a supplemental insurance policy to multi-peril crop insurance (MPCI) that offers farmers a single, firm, crop revenue guarantee at the time of …

Feds Urged to Establish Crop Insurance for Central N.Y. Malt Barley Farmers

U.S. Sen. Charles Schumer, D–N.Y., is calling on the U.S. Department of Agriculture (USDA) to establish a crop insurance program for Central New York farmers who grow malt barley. Speaking at the Empire Farmstead Brewery in Madison County, New York, …