#ICYMI: Crop Insurance Literally Saved My Mississippi Farm

As a fourth generation Mississippi farmer, I grew up knowing that I worked in a field full of risks. When the weather cooperates, prices dive. When prices are great, foreign markets collapse, sending prices into a sudden nosedive. It’s always something. However, it wasn’t until I actually set out on my own in farming in 2011 that I fully understood just how financially exposed farmers are when they put a crop in the ground.

American Farm Families Expected to Lose Half their Farm Income this Year

USDA forecasts that when all is said and done, American farmers will have a combined farm income that is less than half of what it was just two years ago. This alone is staggering. But it may well mark just the beginning of a depressed farm economy the effects of which may very well adversely impact the entire sector and cascade across other sectors of our economy.