National Ag News

Minnesota Congressman Collin Peterson says the current safety net was not built to adequately protect farmers from a poor crop.

Peterson, the ranking member of the House Agriculture Committee, tells Brownfield record-breaking corn and soybean production the last two years has helped offset softening commodity prices.

“But if we get an average or below-average crop, I think next year at this time we’re going to be looking at some stress.”

Whether a producer chooses crop insurance or the Agricultural Risk Coverage (ARC) commodity title program, Peterson says the safety net seemingly works better when prices go up.

Continue reading Safety net not built for poor crop year at Brownfield Ag News.