FOR IMMEDIATE RELEASE
September 3, 2003
The data used in this article was provided by the
USDA’s Risk Management Agency.
For more information contact Jan Eliassen at
410-778-0120 or Laurie Langstraat at 913-686-2767
MINNESOTA ONLY
Fall
crop insurance deadline nears
Wild rice and forage producers in
Minnesota have until September 30 to sign up for federally subsidized crop
insurance.
Minnesota farmers were paid nearly $120
million in crop insurance indemnities for last year’s crop losses.
Nationwide, crop insurance paid out more than $4 billion for losses suffered
in 2002. For the first time, crop insurance surpassed federal disaster
programs to become the largest part of the nation’s safety net for farmers.
Not all crops are insurable in every
county. To learn more and to sign up for crop insurance, or to make any
changes to existing policies, producers must contact a private crop
insurance agent before the September 30 deadline.
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