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Saturday, April 21, 2012
CROP INSURANCE #1 PRIORITY
(Southeast
Farm Press) -- SoutheastFarmPress.com reports, "U.S. Secretary of
Agriculture Tom Vilsack, leaders of the U.S. Agriculture Crop Insurers
Association and the directors of all U.S. grain associations agree that the
single most critical part of the upcoming farm bill has to be crop
insurance." According to the story, high grain prices "have
brought with them highest in history input costs, and risk associated with
planting such a capital-intensive crop demands some sort of safety
net." Steve Rutledge, a spokesperson for crop insurance companies,
noted that "crop insurance represented only 8% of the farm bill
spending" and "one-tenth of 1% of overall government outlays" in
the 2008 farm law.
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