Tag: fcip

Is Crop Insurance Sabotaging Sustainable Farming? The Urgent Reforms We Need Now

Nordstrom
crop insurance reform

The Federal Crop Insurance Program (FCIP) serves as a critical financial safeguard for farmers, offering protection against natural disasters and market fluctuations. However, its current structure often conflicts with the innovative and sustainable practices of regenerative agriculture. This analysis examines the challenges faced by regenerative farmers, the impact of climate change on crop insurance, and the policy reforms necessary to align insurance frameworks with climate-smart practices. Federal Crop Insurance Program Overview The Federal Crop Insurance Program (FCIP), managed by the Risk Management Agency (RMA) of the U.S. Department of Agriculture…

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Crop insurance report criticizes federal incentives

H. Cutner
private Crop Insurance

An environmental group has released the data which has indicated FCIP’s structure is flawed. A report has just been released by the National Resources Defense Council, which has criticized the very structure of the Federal Crop Insurance Program (FCIP), despite the fact that the payments that the program has been making are vital to the financial survival of farmers across the country. Last year’s drought brought about payments that reached record heights, breaking the $17.3 billion mark. The National Resources Defense Council report contained the results of a study. It…

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