APRIL 19, 2024 | VOLUME 27 | ISSUE 7
Farm Bureau Press A PEEK INSIDE
FARMER ACT TO STRENGTHEN CROP INSURANCE, MAKE HIGHER LEVELS OF COVERAGE MORE AFFORDABLE Ranking Member of the Senate Ag Committee John Boozman recently joined colleagues to introduce the FARMER Act. Sen. John Hoeven, a senior member of the Senate Agriculture Committee and Ranking Member of the Senate Agriculture Appropriations Committee, introduced the Federal Agriculture Risk Management Enhancement and Resilience (FARMER) Act, legislation to strengthen crop insurance and make higher levels of coverage more affordable for producers.
Public Meetings for the Arkansas Water Plan Update, Page 2
Specifically, the legislation would: • increase premium support for certain revenue protection and yield protection policies at the 80% coverage level from 68% to 77% and at the 85% coverage level from 53% to 68%; • increase premium support for the SCO, an area-based plan, from 65% to 80% and increase the SCO coverage level from 86% to 90%; and
Aiming for the Future of Agriculture
• direct the Risk Management Agency to conduct a study to improve the effectiveness of SCO in counties larger than 1,400 square miles.
ArFB Foundation Annual Trap Shoot, Page 3
“I commend Senator Hoeven’s leadership in introducing the FARMER Act and proactively addressing the needs of farmers and ranchers who have asked for improvements to the federal crop insurance program. The FARMER Act includes critical components to modernizing the farm safety net for producers across all regions and all commodities,” Boozman said in his remarks. “We can pass a farm bill that strengthens Title I and Title XI while also making improvements across every other title to meet our shared goals. This isn’t an either-or decision. The next farm bill provides an incredible opportunity to make things right for farmers, ranchers, rural communities and those in need.” See Sen. Boozman’s full testimony in support of the legislation from the Senate floor here. A summary and the full bill text of the legislation can be found here. Statements of support can be found here.
FOLLOW US ONLINE
GET THE LINKS Scan the QR code to access direct links referenced in each article.
A PUBLICATION OF THE ARKANSAS FARM BUREAU FEDERATION