Cover-crop-insurance discounts proposed
Crop-insurance discounts for planting cover crops are a good sign for farmers and reflect bipartisanship in the
The legislation has received strong endorsement by both agricultural and conservation groups, said
"The change it could bring about would improve soil and water quality as well as farmer bottom lines," she said.
The
"Programs have been successful in
"I've planted cover crops to help improve soil quality," he said.
Rowe said he's seen benefits from planting cover crops, but he's unsure whether
Discounts for planting cover crops in the future may need to be viewed similarly to auto insurance, he said. If, for example, farmers can provide data showing how practices – such as implementing cover crops or no-till – can improve soil and water health, that could qualify them for greater savings on insurance. Farmers would need to consider how they would need to manage their crop programs differently – such as terminating cover crops in the spring or adopting crop rotations that would maximize benefits of using cover crops.
"How do you put a value on that?" Penterman said.
"We plant them for soil health and erosion control," he said. "It's always good to have something green growing all the time. We also plant tillage radishes to help ease compaction if there's wet weather at wheat-harvest time."
But farmers who haven't planted cover crops before would likely need to see greater discounts than
"I think it would take more like one-third to one-half the cost of seeding for more new farmers to try them," he said.
Depending on the type of cover-crop seed and the method to plant the cover crop – such as drilling or aerial application – the cost could run
Other farmer-led watershed-protection groups and their partners also are offering incentive programs. And at the federal level the
Visit michaelfields.org/cover-crops and lafayetteagstewardship.org and datcp.wi.gov – search for "producer-led groups" – for more information.
This is an original article written for Agri-View, a
New Financial Obligation – Form 8-K
Hanover Insurance: Q3 earnings snapshot
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News