Crop insurance critics have a blind spot.
That sentiment comes from former Risk Management Agency (RMA) Administrator Kenneth Ackerman, who is now an Of Counsel attorney at OFW Law, concentrating his practice on Federal crop insurance and agriculture programs.
“Crop insurance is a very important part of the farm bill and one of the very few issues that almost everyone in the farm community agrees on,” Ackerman said. “It’s grown substantially over the past few years and as a result it’s become something of a target.”
Crop insurance is the largest core agriculture support programs with an estimated price tag of $7.7 billion per year, which has the attention of budget cutters’ in Washington.
“Over the last several cycles of farm bills and appropriations bills, we have seen people looking to take money away from crop insurance to spend someplace else,” Ackerman said. “We’ve already seen for 2018 a number of reports coming out of different ‘think tanks’ suggesting cuts to crop insurance.… Continue readingRead More »