Crop Insurance

Helping to ensure farmers’ financial survival

By Kevin Gaffney
For Wheat Life

Rick Williams, a senior risk management specialist with the U.S. Department of Agriculture’s Risk Management Agency (RMA), was raised on a wheat and barley farm near Reardan, Wash. And while he didn’t take over the family farm, he put in many hours on tractors and combines over the years, even…

wheat field

What makes a well-designed revenue policy?

By Curtis Evanenko
McGregor Risk Management Services

Glad tidings readers! I trust all is well, and you are enjoying the start to 2024. Don’t forget your sweetheart, as it always seems to sneak up on me! The theme of this article is what makes a well-designed revenue policy. In my humble opinion, it depends. We all have…

wheat field

MPCI acreage reporting: Why it matters

By Curtis Evanenko
McGregor Risk Management Services

Greetings readers! I believe the subject matter of acreage reporting is timely, though not due to the season of use, but rather that many have had another year of production and revenue losses paid on their wheat policies. Unfortunately, one does not learn of “misreported information” until the worst time…

On the Hill

By Trista Crossley
Editor

Staff and leaders from the Washington Association of Wheat Growers (WAWG) closed out January by traveling to Washington, D.C., to take part in National Association of Wheat Growers’ (NAWG) winter board meetings and to meet with members of Washington’s federal delegation and leaders of U.S. Department of Agriculture (USDA) agencies….

wheat field

Updates to the Whole Farm Revenue program

By Curtis Evanenko
McGregor Risk Management Services

Greetings and happy new year everyone! My objective is to provide an update on the recently announced modifications to the Whole Farm Revenue Protection policy by the Risk Management Agency (RMA) that are effective for the 2023 crop year. A previous article on this subject matter in the August 2020…

wheat field

What are written crop insurance agreements?

By Curtis Evanenko
McGregor Risk Management Services

By definition, a written agreement is a document that alters the terms of a policy as authorized under the Common Crop Insurance Policy, Basic Provisions, Crop Provisions or Special Provisions of the multiperil crop insurance policy reinsured by the Federal Crop Insurance Provisions. A written agreement is seldom required in…

man

Keeping the tools sharp

By Trista Crossley
Editor

Farmers know that regular maintenance is the key to keeping their equipment running smoothly, but sometimes even the tools in the toolbox need a little maintenance of their own. Last October, the Risk Management Agency (RMA) began reviewing the crop insurance program for wheat to determine if improvements should be…

wheat field

Covering the history of crop insurance

By Curtis Evanenko
McGregor Risk Management Services

Congress initially authorized federal crop insurance back in the 1930s to help agriculture recover from the Great Depression and the Dust Bowl. The Federal Crop Insurance Corporation (FCIC) was created in 1938 to administer the program, which was initially limited to major crops in main production areas of the U.S….

woman speaking

Wheat and Greet

By Trista Crossley
Editor

After having to cancel last year due to COVID-19, this year’s Tri-State Grain Growers Convention had a lot of ground to cover. Producers gathered at the Davenport Grand Hotel in Spokane, Wash., Nov. 30 to Dec. 3, to listen to noted national speakers discuss the way consumers view food production;…

wheat field

Finding the right level of crop insurance

By Curtis Evanenko
McGregor Risk Management Services

How much crop insurance coverage is needed, and how do we get there? This is an age-old question that is answered with “depends.” Please allow me to elaborate. Like beer or soda, all have different preferences and/or tolerances for risk. We believe the best outcome for crop insurance is that…