As Temperatures Rise, the US Corn Belt Could See Insurance Claims Soar

Post a reply


This question is a means of preventing automated form submissions by spambots.

BBCode is OFF
Smilies are OFF

Topic review
   

Expand view Topic review: As Temperatures Rise, the US Corn Belt Could See Insurance Claims Soar

As Temperatures Rise, the US Corn Belt Could See Insurance Claims Soar

by Trumpeter » 17 May 2025 12:03

Image
In the United States, farmers have access to federally subsidized crop insurance — a backstop that affords them some peace of mind in the face of extreme weather. When droughts, floods, or other natural disasters ruin a season’s harvest, farmers can rely on insurance policies that will pay out a certain percentage of the expected market value of the food, saving them from financial ruin.

But that insurance program could become strained as global warming worsens, bringing more uncertainty to the agricultural sector. CONTINUE READING

Top