Spring Storms Add Pressure as Farmers Balance Planting and Risk Management

Austin Rice with Specialty Risk Insurance shares guidance on handling storm damage, navigating the insurance claims process, and managing risk during a volatile planting season.

agricultural land affected by flooding crop insurance_Photo By Andrii Yalanskyi via Adobe Stock.jpg

Photo By Andrii Yalanskyi via Adobe Stock

CARTHAGE, MO. (RFD NEWS) — Fluctuating weather conditions remain a major focus as spring planting ramps up across the country, with strong storms in parts of the Midwest forcing farmers to carefully navigate operational decisions this week.

Austin Rice with Specialty Risk Insurance joined us on Tuesday’s Market Day Report to offer guidance for producers facing severe weather impacts.

In his interview with RFD News, Rice discussed steps farmers should consider taking if their operations are hit by a strong storm and what the claims process looks like after contacting an insurance agent.

He also shared final advice for producers managing both weather risks and today’s challenging market conditions.

Related Stories
Producers should coordinate immediately with their CPA and legal counsel to ensure their corporate structures and operational realities are perfectly aligned before the September deadline.
Farm Bureau economist John Newton says farm income has declined every quarter for three years.
A new survey of agricultural lenders points to increasing financial stress across the Ninth District.
Wheat Harvest Expands As Drought Still Pressures Pastures

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Soybean oil is already feeling the pressure.
USDA Secretary Brooke Rollins visits Arizona cotton producers as rising fuel, fertilizer, and fuel and fertilizer costs continue to pressure farm margins.
Fred Nichols with Huma joins us to break down “just in time” fertilizer applications, a growing trend in modern nutrient management as input costs continue to pressure farmers.
RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
RFD News Farm Legal Expert Roger McEowen discussed red flags landowners should watch for during property transactions.
ASFMRA’s Howard Halderman says several economic and policy issues are continuing to influence the farmland market.