Crop Insurance Supports Farmers & Ranchers During Uncertain Year
Rural America has experienced another difficult year, making a strong farm safety net essential to protecting America’s food, fuel and fiber supply. Crop insurance is the cornerstone of this safety net and provides a reliable risk management tool to America’s farmers and ranchers.
Tom Zacharias is president of National Crop Insurance Services.
“America’s farmers and ranchers have experienced extreme weather and market uncertainties this year as well as dealing with the effects of the pandemic. Throughout the year, crop insurance has been there to help farmers endure these hardships and help them minimize their risks. Our industry is thankful to be a trusted partner with the farm community and we’re proud to help them protect more than 90 percent of planted acres.”
Zacharias emphasized that the unique private-public relationship, that is the foundation of crop insurance, has allowed the industry to pivot quickly to face new challenges.
“Crop insurance utilizes private-sector efficiencies and innovation to quickly deliver to the farm community. That’s why crop insurance is agriculture’s most effective risk management tool. The industry and the Risk Management Agency have also worked this year to strengthen crop insurance and expand the insurance options available to farmers. No matter what you farm or where you farm, crop insurance can help protect your operation.”
He notes the resilience of rural America during this tough year. America’s farmers and ranchers have continued to work hard to produce the world’s safest and most affordable food and fiber supply.
“No doubt, new uncertainties lie ahead, but we are stronger together. America’s farmers and ranchers can rest easier knowing that their local crop insurance agents, adjusters and the crop insurance companies stand ready to quickly provide a helping hand when it is needed.”
Source: NAFB
