Headlines
test test
Share:


Did you find this story interesting?     (0) (0)

30/01/2008 13:21:25

Pennsylvania Farmers Receive $1.5 Million Crop Insurance Assistance



Pennsylvania farmers will receive $1.5 million in state assistance for their 2008 crop insurance premiums, Agriculture Secretary Dennis Wolff said today.

"Crop insurance is an essential tool for protecting Pennsylvania
agriculture," Wolff said. "Crop price instability, the rising cost of production and adverse weather can damage a farmer's bottom line, making it essential that they have a way to recover financially and start preparing for the next growing season.

"Crop insurance assistance makes coverage more affordable, and I urge all Pennsylvania producers to enroll in a crop insurance program to help protect their livelihoods and the vitality of Pennsylvania agriculture."

The assistance is provided through the Pennsylvania Crop Insurance
Assistance Program, a partnership between the General Assembly, U.S. Department of Agriculture, crop insurance industry, farmers and the Department of Agriculture. Producers will receive premium discounts of approximately 5 percent of their net premium.

In the last five years, $140 million in crop insurance loss payments have been paid to producers, compared to $44 million in paid premiums -- a more than $3 return on every dollar invested.

Producers are reminded that March 17 is the deadline for enrollment in crop insurance for 2008 spring planted crops.




No Comments


Nobody has posted any comments on this story.




Post A Comment:
*Enter verification code, as seen on the picture
Code Image - Please contact webmaster if you have problems seeing this image code 


Farming items for Sale

Related News

 Scots farmers to receive £23.4 million - 12 Apr 2010
Scottish Beef Calf Scheme payments to start this week More than 7,500 Scottish producers will receive their share of £23.4 million of European fundin...

 Monmouthshire farmers ask for assistance for an already crippled beef industry - 24 Oct 2005
"It's essential that the European Commission does all it can to get the Date Based Export Scheme lifted as soon as possible in order to help an alread...

 Burma-Assistance for farmers. - 23 Feb 2009
BURMA -- The Food and Agricultural Organization (FAO) of the United Nations has donated more poultry to cyclone victims in Laputta township in the cou...

 New Insurance policy launched to protect UK poultry farmers - 17 May 2004
Poultry Elite, a new mortality, property, liability and business interruption insurance policy for UK poultry farms has been launched this week by ani...

 NFU launches new insurance policy for tenant farmers with nfu mutual - 26 Feb 2007
The NFU is launching a new insurance policy to cover the cost of rent arbitration and the determination of disputes by the Agricultural Land Tribunal....

 FUW insurance backs Farmers Yak Attack - 26 Jan 2012
The Farmers’ Union of Wales insurance services arm is sponsoring two Ceredigion farmers on an "awesome" bike ride in the Himalayan Mou...

 £13 million to be invested in development of new crop protection technologies - 12 Oct 2009
New technologies are to be developed that will help crop growers to respond to the dual challenges of increasing productivity while reducing the envir...

 MBE received by Framlingham Farmers chief executive - 09 Mar 2006
Roger Adshead, the Chief Executive of farmers' group, Framlingham Farmers has received an MBE for services to agriculture. Roger, who lives in...

 Farmers receive little compensation for landscape conservation - 15 Aug 2006
Recent research by the Centre for Agricultural Strategy in the School of Agriculture, Policy and Development at the University of Reading has revealed...

 Farmers must receive fair price in midst of crisises says NFU livestock chair - 14 Nov 2007
National NFU Livestock Chairman, Thomas Binns, will address Lancashire livestock farmers on how to deliver a sustainable, profitable livestock farming...