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Crop Insurance: Separating Myth v. Fact

Feb 02, 2017

In preparation for the new Congress and upcoming farm bill debate, the Crop Insurance and Reinsurance Bureau (CIRB) and coalition partners, including the American Soybean Association (ASA), collaborated to share “Crop Insurance Myths vs Facts” and help debunk common misconceptions about the crop insurance program.

This Week's Myth

Myth: Crop insurance is only for big corn, soybean, wheat and cotton farmers.

Fact: Crop insurance is available for more than 100 crops and to farmers of all sizes and in all 50 states.

  • The number of acres of fruit, vegetables and other specialty crop covered by crop insurance increased from 7.7 million acres in 2009 to nearly 8.3 million acres in 2015. That's an increase of 8 percent in just 6 years.

Many specialty crops are insured at rates similar to or even higher than row crops such as corn, soybeans and wheat.