Source: SOUTHEAST FARM PRESS, 2/7/18

With 311 million acres enrolled in the system, 2017 was a historic year for crop insurance. For perspective, that’s an area roughly the size of California, Texas and New York combined.Insurers backed more than $106 billion worth of crops in 2017, up $6 billion since 2016.  And farmers paid $3.7 billion out of their own pockets for insurance protection – a more than $250 million increase from the year before, said Mike Day, chairman of National Crop Insurance Services, during the industry’s recent annual...

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