Crop insurance is the primary risk management tools that producers have. It helps them and has historically helped them manage the greatest risks they have and that is, of course, the loss of crop, a catastrophic loss of their crop. But as we have asked producers to produce for the marketplace, it has been apparent that we need to make some changes in the risk management tools that we have to help them do a better job of doing that. We need to do that in a fashion that does not distort the marketplace, and that is not easy to do. But this bill goes a long way in helping us address those concerns. I want to just touch on some of them. One of them, for example, is to make it more accessible for those who would produce alternative crops to get crop insurance.
Rick Hill: “Crop insurance is the primary risk management tools that producers have. It helps them and has historically helped them…”
Editor's note · Context
Discussing the importance of crop insurance and proposed changes to risk management tools for producers.
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