Crop insurance has been the most popular risk management tool among producers over the past two farm bills. It has also been a program supported by most members of Congress where it has been politically resilient, although not so much when the Administration is involved.
Crop insurance has been the most popular risk management tool among producers over the past two farm bills. It has also been a program supported by most members of Congress where it has been politically resilient, although not so much when the Administration is involved as it was in renegotiating the Standard Reinsurance Agreement in 2011. As a result of that accord, administrative and overhead reimbursements were capped at $1.2 billion, which reduced crop insurance spen...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...