You are here:HomeIssuesCrop Insurance2012Big Crop Insurance Payouts on Tap

Big Crop Insurance Payouts on Tap

A U.S. Department of Agriculture report released earlier this month notes that as of Oct. 8, $2.2 billion has been paid out nationwide from crop insurance for losses claimed so far this year, however...
October 18, 2012

A U.S. Department of Agriculture report released earlier this month notes that as of Oct. 8, $2.2 billion has been paid out nationwide from crop insurance for losses claimed so far this year. An official with Farm Credit Services of America estimated that about $25 billion will be paid out nationwide when all is said and done this year. Other estimates say the total damage could be $40 billion.

Filed under: