Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674


Agricultural News

House Ag Subcommittee Meets on Crop Insurance

Thu, 22 Jul 2010 18:00:30 CDT

House Ag Subcommittee on General Farm Commodities and Risk Management Chair Leonard Boswell says he knows how important good crop insurance is to managing risk and getting through tough times on the farm. The Iowa Congressman says that's a lesson he learned as a farmer during the 1980s Farm Crisis. Boswell led a hearing to review current issues facing the U.S. crop insurance industry Thursday. He says it was an opportunity to get feedback about the kind of coverage farmers need, what the government can do to bolster their safety nets and the role of private crop insurance agents.

The recently renegotiated Standard Reinsurance Agreement was a main topic of discussion. The SRA governs the relationship between the federal government and private companies that deliver crop insurance products to farmers. Boswell has concerns regarding the SRA and the potential impact it will have on small rural communities. He says budgets are tight - but tight budgets shouldn't mean jeopardizing the risk management tools already in place or putting in question what improvements can be made in the future.

According to Subcommittee Ranking Member Jerry Moran of Kansas it was important to hold this hearing in the wake of the signing of the 2011 SRA. He said members of the Committee should have the opportunity to publicly voice their concerns and objections. He added Congress must exercise its oversight authority. Doing so now he said will provide some idea as to what parts of the SRA must be closely monitored as it's implemented.

Congressman Earl Pomeroy says the crop insurance program remains the most important risk management tool for producers. He says the SRA reduces the deficit by four-billion dollars - which is good for taxpayers and the long-term stability of the farm safety net program.


WebReadyTM Powered by WireReady®NSI


Top Agricultural News

  • Fusionware Announces John Deere Integration to Optimize Farming Operations   Thu, 06 Oct 2022 12:40:47 CDT
  • OSU Scientists Helping to Seek Cure for Tuberculosis  Thu, 06 Oct 2022 12:11:40 CDT
  • As Drought Burdens Producers, OSU's JC Hobbs Provides Tax Tips for Farmers and Ranchers  Thu, 06 Oct 2022 11:59:08 CDT
  • Collaboration Will Propel Advancements  Thu, 06 Oct 2022 11:25:27 CDT
  • NCBA Urges EPA to Press Pause on New WOTUS Rulemaking  Thu, 06 Oct 2022 10:32:07 CDT
  • Beef Industry Scholarship Applications Are Now Available for Undergraduate Students  Thu, 06 Oct 2022 10:05:07 CDT
  • Oklahoma Drought Levels Rise in All Categories This Week, But Chance of Rain In Forecast   Thu, 06 Oct 2022 09:43:41 CDT
  • Market Update with Paul Dykstra-Texas Grade Tumbles   Thu, 06 Oct 2022 09:21:23 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.