Crop Insurance Today Third Quarter 2019 - 1

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"It Keeps

You Runnin'..."
Tom Zacharias, NCIS President

It has often been said
that the crop insurance
delivery system is a
model of efficiency.
But crop insurance
would not be where it is
today without the more
than 6,500 dedicated
crop adjusters working
with farmers in their
time of need.

2019 has been a "heckuva" year so far, and the
end is not yet in sight. Regular readers of TODAY® magazine may have observed this issue is
behind schedule. Blame it on the "time of season"
or simple procrastination on my part, but this
summer has been one for the books-and I hope
that for many of us, 2019 is not a book that gets
a sequel.

"Runnin..."

Since the beginning of 2019, the crop insurance industry has been in "running" mode,
which will be our metaphor "du jour" for this issue's dispatch. As the Doobie Brothers would say,
"...it keeps you running..."
"Time marches on...I knew
I was running to something..."
-Todd Rundgren

On December 11, 2018, and December 12,
2018, the Agriculture Improvement Act (2018
Farm Bill) was passed by the Senate and House,
respectively. The bill passed by wide margins:
386-47 in the House and 87-13 in the Senate.
With respect to the Crop Insurance Title, the
2018 bill included very little change, the major
exception being the introduction of hemp as an
insurable crop. It is, perhaps, safe to say that, with
respect to the Crop Insurance Title, the 2018 bill
was a reaffirmation of the essential role of crop

insurance in the farm safety net. In contrast to
the expansive changes in crop insurance associated with the 2014 Farm Bill, we knew we were
"running to something" that was fairly well
understood and straightforward to implement. The bulk of the 2018 Farm Bill provisions
for crop insurance were implemented by a
series of RMA Manager Bulletins dating from
February 25-June 28, 2019.
"Time marches on...and I'm still
running to something..."
-Todd Rundgren

The flurry of Manager Bulletins and activity
associated with farm bill implementation had
pretty much died down in the Spring of 2019
while the industry prepared for the 2019 crop
year. Projected prices for major spring crops in
the Midwest were in line with 2018 offerings:
corn $4.00, soybeans $9.54, and spring wheat
$5.77. In a sense, the industry knew what it was
"running to."
"...say where you gonna go,...
where you gonna hide..."

Doobie Brothers-"It Keeps You Running"

But late Winter rains and catastrophic flooding set in and this would "keep us running" for
the rest of the year. In a foreshadowing of things
Continued on page 31

CROPINSURANCE TODAY®

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Crop Insurance Today Third Quarter 2019

Table of Contents for the Digital Edition of Crop Insurance Today Third Quarter 2019

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Crop Insurance Today Third Quarter 2019 - Cover2
Crop Insurance Today Third Quarter 2019 - 1
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Crop Insurance Today Third Quarter 2019 - Cover3
Crop Insurance Today Third Quarter 2019 - Cover4
https://www.nxtbook.com/allen/cint/56-2
https://www.nxtbook.com/allen/cint/56-1
https://www.nxtbook.com/allen/cint/55-4
https://www.nxtbook.com/allen/cint/55-3
https://www.nxtbook.com/allen/cint/55-2
https://www.nxtbook.com/allen/cint/55-1
https://www.nxtbook.com/allen/cint/54-4
https://www.nxtbook.com/allen/cint/54-3
https://www.nxtbook.com/allen/cint/54-2
https://www.nxtbook.com/allen/cint/54-1
https://www.nxtbook.com/allen/cint/53-4
https://www.nxtbook.com/allen/cint/53-03
https://www.nxtbook.com/allen/cint/53-02
https://www.nxtbook.com/allen/cint/53-01
https://www.nxtbook.com/allen/cint/52-04
https://www.nxtbook.com/allen/cint/52-03
https://www.nxtbook.com/allen/cint/52-02
https://www.nxtbook.com/allen/cint/52-01
http://www.brightcopy.net/allen/cint/51-04
http://www.brightcopy.net/allen/cint/51-03
http://www.brightcopy.net/allen/cint/51-02
http://www.brightcopy.net/allen/cint/51-01
http://www.brightcopy.net/allen/cint/50-04
http://www.brightcopy.net/allen/cint/50-3
http://www.brightcopy.net/allen/cint/50-2
http://www.brightcopy.net/allen/cint/50-1
http://www.brightcopy.net/allen/cint/49-4
http://www.brightcopy.net/allen/cint/49-3
http://www.brightcopy.net/allen/cint/may2016
http://www.brightcopy.net/allen/cint/february2016
http://www.brightcopy.net/allen/cint/november2015
http://www.brightcopy.net/allen/cint/september2015
https://www.nxtbook.com/allen/cint/may2015
https://www.nxtbook.com/allen/cint/february2015
https://www.nxtbook.com/allen/cint/november2014
https://www.nxtbook.com/allen/cint/september2014
https://www.nxtbook.com/allen/cint/may2014
https://www.nxtbook.com/allen/cint/february2014
https://www.nxtbook.com/allen/cint/november2013
https://www.nxtbook.com/allen/cint/august2013
https://www.nxtbook.com/allen/cint/may2013
https://www.nxtbook.com/allen/cint/february2013
https://www.nxtbook.com/allen/cint/november2012
https://www.nxtbook.com/allen/cint/august2012
https://www.nxtbook.com/allen/cint/may2012
https://www.nxtbook.com/allen/cint/february2012
https://www.nxtbook.com/allen/cint/44-4
https://www.nxtbookmedia.com