Subsidies

As farmers focus on changes to crop insurance ahead of the March 16 deadline, Ben Rand says some of the most valuable risk tools have existed for years, but there are also key changes farmers shouldn’t overlook.

Rice at $132.89 and cotton at $117.35 will receive the highest per-acre rates, but some have called payments a bandage in the midst of current farm economic crisis.

Farmers who suffered losses from natural disasters that occurred in calendar years 2023 and 2024 can sign up for the aid. It is also available to farmers participating in the On-Farm Storage Loss Program and the Milk Loss Program.

Various programs and reports are on hold. Among them are EQIP and SDRP. Also in jeopardy of being delayed or cancelled is the October WASDE, due this Thursday.