Crop insurance is working as it was designed, insurers say

Planting season is near, and important crop insurance deadlines are closing in.

One major group says the scale of today’s programs highlights the need for reliable insurance options.

“Since 2019, crop insurers have made lost payments of more than 65 billion to help farmers recover from disasters. Most recently, crop insurance payments were among the first meaningful aid arriving to the areas along the east coast that were devastated by hurricanes in 2024, approximately $800 million of hurricane insurance protection and wind index endorsement payments were sent out quickly and far exceeded what policyholders paid for the coverage,” said Scott Arnold.

A couple of big crop insurance deadlines are coming up. The next major sales closing date for crop insurance is March 15th, and deadlines to apply for ARC and PLC both have been extended to April 15th.

LATEST STORIES BY THIS AUTHOR:

Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
Texas A&M 4-H Director Montza Williams joins for an update on the expected timeline for the program’s new facility and all the associated benefits.
From tinkering with machines to building projects from scratch, students in the National FFA Organization develop skills to help shape future careers.
Shaun Haney, host of RealAg Radio, joined us to break down the latest data on Canadian farmland values and share insights on how it impacts producers.
Lewis Williamson, from HTS Commodities, joined us to share insights on the farm economy from producers in the field.
Key signs of the U.S. beef herd’s recovery are improved pasture conditions, lower feed costs, and increased regulatory alignment and support for producers to implement targeted grazing practices.