My kids, four and six, often ask me what I do. My job isn’t easy to describe to a four year old or a six year old or even the class of first graders I talked to the other day. Put simply, all the staff at Illinois Corn are trying to help farmers, support farmers, and make it as easy as it possibly can be to do their jobs.
One of the ways we’ve been trying to do just that is to address the federal crop insurance program.
Have we fixed it yet? Not at all, but we are working on it. Will our current solution make a dent in the problems crop insurance presents to Illinois corn farmers? Definitely. In fact, experts predict that the current route we’re taking to fix crop insurance will “fix” about 50% of the problems farmers have with the program.
As with any federal program, our fix for crop insurance is complicated. If I were to put it in layman’s terms, I’d tell you simply that Illinois Corn Growers Association is working on an endorsement that will take into account the exponential growth in corn yields over time. Right now, farmers are typically underinsured because the current program assumes that yields stay the same over time. The “fix” will help farmers who try to insure 80% of their expected yield actually insure nearly 80% of their expected yield.
But here’s the take home message. Because we’re working with the federal government (USDA Risk Management Agency) on this possible new endorsement, its a long and complicated and involved procedure. So the Illinois Corn Growers Association would like to express their sincere appreciation to the Illinois Congressional Delegation that sent a letter to the RMA Administrator this week in support of our proposal.
Thank you, Congresswoman Debbie Halvorson, for spear-heading a letter that was signed by Congressmen Hare, Foster, Bean, Costello, and Lipinski among other out of state Congressmen. And thank you to Congressman Tim Johnson for heading up a letter signed by Congressmen Schock and Shimkus as well as other Congressmen from Iowa and Nebraska.
Illinois corn farmers appreciate your assistance and your support!
ICGA/ICMB Marketing Director