Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 5/11/18


Cost of Federal Crop Insurance is an on-going farm policy issue. In his Fiscal Year 2019 budget, President Trump proposed a 14 percentage point reduction in the insurance program subsidy. A farmdoc daily article of March 15, 2018 estimated that the proposed 14 percentage point reduction is associated with a 17 percentage point decline in share of planted acres insured for barley, corn, cotton, oats, peanuts, rice, sorghum, soybeans, and wheat as a group.

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