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Old 06-13-2008, 03:37 PM
kst$ kst$ is offline
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Default Crop Insurance for Farmers

I really hope the farmers effected by the flood are covered by Crop insurance. At least it will help in some relief to loosing their crop and hopefully they will not loose the farm in the process.
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Overview
Buying a crop insurance policy is one risk management option. Producers should always carefully consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome each crop year. Crop insurance agents and other agri-business specialists can assist farmers in developing a good management plan.

RMA provides policies for more than 100 crops, a number which would be much higher if every insurance plan available for the crops insured in every county were counted.
USDA's Farm Service Agency manages the Noninsured Crop Disaster Assistance Program (NAP), providing financial assistance to producers of noninsurable crops when low yields, loss of inventory, or prevented planting occurs.
Multiple-peril crop insurance (MPCI) policies are available for most insured crops. Other plans may not be available for some insured crops in some areas. Some policies are not available nationwide; they are tested in <A href="http://www.rma.usda.gov/pilots/index.html">pilot programs available in selected states and counties.
More on Crop Policies
by USDA Risk Management Agency.

I wish are the farmers and people affect by these floods the best and my thoughts are with them all. And for us Because it will affect the cost of food and so much more.
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Old 06-14-2008, 12:08 PM
moneysense moneysense is offline
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Default Crop insurance for farmers.

And to think, the growing season is just beginning. This is certainly not good for us, the consumers, as the price of food is rising high enough because of the economy, and fuel prices. Now adding the floods to the mix, will only drive prices to a level none of us will like or most likely be able to afford.
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Old 06-15-2008, 11:55 PM
carol b carol b is offline
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I absolutely hope that these poor farmers had this insurance. I
also hope that it covers natural disasters such as this one. Be
careful of the food that you buy. The costs are rising and I find
spoiled food for sale regularly. I always check the experation dates
on my dairy products because I have gotten expired products several
times. Never buy a product that doesn't have a readable experation
date. You may not like what you get when you go to serve it.
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