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Agriculture News As It Happens
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Risk Management Agency

Reaction mixed to crop insurance premium news

Is someone besides the Risk Management Agency and its administrator, Bill Murphy, responsible for the announcement Monday that RMA will update its methodology to set crop insurance premiums, leading to lower premiums for many corn and soybean producers in the 2012 crop year? Read More...

RMA reducing corn, soybean crop insurance rates

In a move that could affect the 2012 farm bill debate and presidential election as well as save farmers and the government money, the Agriculture Department’s Risk Management Agency announced today that it will update the methodology to set crop insurance premiums, leading to lower insurance premium rates for many corn and soybean producers in the 2012 crop year. Read More...

SPECIAL REPORT: An Interview with Jim Miller

Farm programs need to be simplified so the Agriculture Department can run them more efficiently, but crop insurance should remain a public-private partnership rather than return to USDA, according to Jim Miller, the former Agriculture undersecretary for farm and foreign agricultural services who is now a senior adviser to Senate Budget Committee Chairman Kent Conrad, D-N.D. Read More...

Blazer joins USDA as new deputy undersecretary for natural resources and environment

Arthur “Butch” Blazer, the first Native American state forester in New Mexico, will join the Agriculture Department as deputy undersecretary for natural resources and environment on October 11, Agriculture Secretary Tom Vilsack announced today. Read More...

Murphy: Large crop insurance claims may help focus program support

MANKATO, Minn. — Crop insurance companies may have to pay out large claims this year, but that may help keep support for the federal crop insurance program on Capitol Hill, the administrator of the Agriculture Department's Risk Management Agency said here Wednesday. Read More...

Subsidy cuts could mean coverage cutbacks, crop insurers told

INDIAN WELLS, Calif. — USDA Risk Management Agency Administrator Bill Murphy said today that the cost of the producer premium subsidy for crop insurance could reach $5.5 billion in 2011, but that if Congress cuts the subsidy, farmers are likely to cut back on their coverage for potential losses. Read More...