The U.S. House of Representatives, on a 216-208 partisan vote, passed the five-year Farm Bill, which has been working its way around Congress for nearly two years. The bill would end $5 billion per year in direct payments to farmers and expand the federal crop insurance safety net as the primary mechanism for insuring U.S. farmland.
“The Big ’I’ is pleased to see that the Federal Crop Insurance Program (FCIP) serves as the primary risk management tool in [the Farm Bill],” says Charles Symington, Big “I” SVP of external and government affairs. “Independent agents continue to play an integral role in the success of the crop program and serve as trusted advisors to farmers seeking protection for their farmland.”
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