An Analysis of the Proposed 4% Farmer-Premium Payment Cap
Welcome to 5-Minute Farmdoc, your go-to channel for insightful discussions on various topics related to agriculture. In today’s episode, we delve into the world of crop insurance and explore a recent proposal discussed by our colleagues from North Dakota. They suggest a change to the subsidy mechanism that assists farmers in covering the costs of crop insurance policies. This proposal aims to cap the farmer’s premium costs at 4% of the policy’s liability,…