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.

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:

Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
Disease risks remain a key factor to watch heading into fall.
American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
According to the National Council of Farmers Cooperatives (NCFC), President and CEO Chuck Conner says, there is only one other option besides addressing ag labor shortages.
For rural communities, this shift could mean new housing options for farmworkers and young families priced out of metro markets.
The modest cut should slightly reduce borrowing costs on operating loans, land notes, and equipment financing for agriculture, giving some relief to producers under heavy debt loads.