risk management

Senate Ag members repeatedly stressed the importance of crop insurance and the need to restructure commodity programs in the 2023 Farm Bill during the panel’s latest hearing.   “Crop insurance is the number one risk management tool for producers, but historically, hasn’t been available to some farmers who are most in need of it," said Senate Ag Chair Debbie Stabenow.  "I’m going to conti

Dairy farmers are not looking to expand much right now, given the current market conditions.   “Obviously, feed costs and overall input costs and you can throw labor in there and the whole kit and caboodle," said Mike North with the Ag Risk Management Company Ever.Ag.  "That ulti...

“Sign up For ACR PLC sign up for the 2023 crops started on October 17th it runs through March 15th."  And USDA FSA Deputy Administrator Scott Marlow said with various events over the last two years Agriculture Risk coverage and price loss coverage provide needed risk management options.   “We ju...

Dairy producers can now enroll for 2023 coverage through the Dairy Margin Coverage Program.  The program helps dairy farmers manage changes in milk and feed prices.  Enrollment for the program began Monday and runs through December 7th.   Last ...

On Monday August 22nd, USDA rolled out the new Organic Transition Initiative, intended to make it easier to move from conventional farming to organic.  Ag Secretary Tom Vilsack said the department’s hope was to make the transition process easier and more profitable.   “Three...

The National Milk Producers Federation commended farmers from its member cooperatives who are speaking up for dairy’s needs during farm bill listening sessions held by members of Congress. “From sustainability and trade to providing an adequate safety net to producers of all sizes, dairy farmer voices are critical to crafting federal farm programs that serve the entire nation,” says Jim Mulhern, p

The USDA is bringing back a program aimed at supporting risk management education and training through universities and non-profit organizations. RMA Acting Administrator, Richard Flournoy, said for this year, "we're going to have about one million dollars worth of funds going to nine different projects ...

USDA and the Extension Risk Management Education Program recently co-hosted a webinar focused on livestock risk management and what assistance is available for producers. "We have risk management agency within our mission area," noted USDA Undersecretary for Farm Production and Conservation Bill Northey ...

USDA's RMA is seeking applications for organizations to conduct risk management education and training programs.  RMA Administrator Martin Barbari said there are two categories. "One is the crop insurance education in targeted state program, that is related to states where there is a distinguished low-level of federal crop insurance participation, maybe a lack of available product." ...

A big part of risk management for producers is crop insurance, but it’s not the only part.   Jim Slama of FamilyFarmed said for farmers who are selling through the farmers market and other direct marketing, there’s more.   “It alm...