New crop insurance legislation would update risk management in farm bill

New crop insurance legislation would update risk management in farm bill

Several Republicans on the Senate Agriculture Committee have introduced new legislation that would update crop insurance coverage in the new farm bill.

U.S. Senator John Hoeven from North Dakota says the bill called the Federal Agriculture Risk Management Enhancement and Resilience Act increases premium support for higher levels of crop insurance.

“For a fraction of the cost of what taxpayers will pay in ad-hoc disaster bills, you have the kind of coverage farmers need and know that they can count on.