The Salt
Originally published on Fri October 28, 2011 2:36 pm
By editor
Farming nowadays is risky business — it's not uncommon for a farmer to invest $500,000 in 1,000 acres of corn or soybeans, and run the risk of losing a chunk of their income to pests or fickle weather events like droughts and floods.
That's why farmers say crop insurance is "the most important safety net program" for them, says Joe Glauber, chief economist of the U.S. Department of Agriculture.
Read more