Federal crop insurance, the Farm Bill’s biggest agricultural program, has transformed from a key safety net for our nation’s farmers to a system that consolidates land ownership, shifts billions of dollars in public funding to large corporations, and harms the land and water. The Land Stewardship Project (LSP) today published a special report on federal crop insurance–“A Torn Safety Net.” For more information visit LSP’s Crop Insurance page or read this important report.
The release of the LSP report comes at a time when Congressional agriculture leaders, including five members of Minnesota’s Congressional delegation, are beginning to draft the 2018 version of the Farm Bill. This provides a prime opportunity to reform crop insurance by placing limits on premium subsidies and ending the exorbitant profit-making insurance corporations enjoy as a result of the publicly funded program.
