Growing Returns

Selected tag(s): crop insurance

How farmers’ business partners benefit from conservation

Most efforts to advance agricultural conservation focus on the farmer – with good reason, since conservation practice adoption is the direct result of farmers’ decisions, time and resources. They also focus, of course, on the environment, as the need to improve water quality and reduce greenhouse gas emissions from agriculture grows.

But conservation efforts must also recognize the relationships between farmers and their business partners. Agricultural lenders, crop insurers and landowners are critical to achieving widespread conservation adoption, and it’s in their financial interest to do so. Here’s why. Read More »

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Four near-term market and policy opportunities for increasing agricultural resilience

Every day farmers across the U.S. face unprecedented pressures from a variety of factors, including policy and regulations, markets and trade, and variability in input costs. With extreme weather becoming a new normal and the global population climbing toward 11 billion people by 2100, it is imperative that we build a food and agriculture system that can absorb and recover from these stresses.

This summer, Environmental Defense Fund, National Corn Growers Association and Farm Journal Foundation convened a stakeholder dialogue about the challenges facing the agriculture industry and recommended paths forward.

A new white paper [PDF] summarizes key findings from the discussion, which also included ideas for better equipping farmers with the tools and incentives they need to identify and adopt climate-smart solutions.

Here are four policy and market opportunities that can help boost agricultural resilience. Read More »

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5 reasons why the Senate farm bill is a conservation powerhouse

The Senate votes this week on the farm bill – an $867 billion piece of legislation. Within the bill’s 1,200 pages are big advances for conservation, technology and innovation.

In addition to the bill maintaining full funding for the conservation title, here are five reasons why producers, consumers and environmentalists should celebrate the Senate farm bill and champion the inclusion of these key provisions in the House and Senate compromise bill.

Read More »

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The Farm Bill can make the ag data revolution a reality

For big data to truly revolutionize agricultural productivity and sustainability, data needs to be accessible. Industry and government have already collected troves of data points. The trick now is to combine disparate data sets and make them available to farmers, researchers and advisers – all while meticulously protecting producer privacy.

The private sector moved aggressively in 2017 to provide farmers with solutions for collecting and interpreting their data. $500 million in investments flowed to start-ups providing farm management software, sensing and other data solutions – a sector with 27 percent year-over-year growth.

It’s time for the public sector to do the same. Here’s how the next Farm Bill can ensure farmers see benefits from their data. Read More »

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Conservation relies on profitability

Conservation practices help make this wheat field more profitable Whether in agriculture or any other business, if you don’t have enough money coming in to pay the bills, it’s hard to find the time or resources for anything other than working to turn a red budget spreadsheet black.

A wheat farmer friend from Washington recently told me that current prices are $4/bushel, the same as 40 years ago. Take into account inflation, and that’s a significant decline. Nationally, the USDA predicts that net farm income will drop by almost 9 percent this year, the fourth year in a row of declines after reaching a record high in 2013. Farmers also face enormous volatility in income, with fluctuations in yield, demand, as well as crop and input prices.

It’s no surprise then that environmentalists’ calls to cut crop insurance, disaster programs or other conservation payments fall on deaf ears in the agricultural community – or serve only to raise blood pressure levels across the Corn Belt. Read More »

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