crop insurance News
U.S. Farm Bill ‘Windfall’ Option Could Cost Billions Extra: EWB Study
An insurance provision in the U.S. farm bills proposed by the House and Senate could have corn, soybean, and wheat farmers making more money in a bad year, such as during a drought, than in a good ...
Monsanto Acquiring Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million
Monsanto Co., the world's largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. ...
Colorado Floodwaters Menace State’s $41B Agriculture Sector
Colorado farmers and ranchers are bracing for widespread damage to the agriculture industry, one of the state's leading economic engines, from deadly floodwaters that already have caused property ...
2012 Saw Record-Breaking $17.3 Billion in Crop Losses; Top 10 States Ranked
The Federal Crop Insurance Program paid out a record-breaking $17.3 billion in crop losses last year, according to a report by the Natural Resources Defense Council (NRDC). Damage caused by drought, ...
White House Threatens To Veto Farm Bill
The White House threatened to veto a five-year farm bill on Thursday because of "unacceptable deep cuts" in food stamps for the poor that could increase hunger across America. In a statement, the ...
Back-To-Back Drought Years Statistically Likely, Platinum CEO Says
When Platinum Underwriters Holdings, Ltd. reported a 6.2 percent drop in first-quarter net premiums last week, CEO Michael Price attributed a small part of the drop to an intentional cut in the ...