The federal crop insurance program is coming under fire as a new GAO study and a filed amendment for the pending ag appropriations bill both propose cuts to such spending.Two plans to cut crop insurance spending have been proposed in the past few days. The first stems from a report released last week by the General Accountability Office (GAO), “Crop Insurance: Opportunities Exist to Improve Program Delivery and Reduce Costs,” which was requested by Senator Diane Feinstein (D-California). It recommended that either or both of the following two policy reforms be implemented to reduce costs for the crop insurance program:
limit the underwriting gain that crop insurance companies earn reduce the portion of premiums that participating insura...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
