Risk management needs a revamp in farm bill – Brownfield Ag News
Risk management needs a revamp in farm bill brownfieldagnews.com
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Risk Management Needs a Revamp in Farm Bill
A U.S. Senator from Kansas says risk management tools in the new farm bill, including crop insurance, deserve an update to provide better support for producers.
Roger Marshall is a co-sponsor of the Federal Agriculture Risk Management Enhancement and Resilience or FARMER Act, which increases premium support for higher levels of crop insurance and is meant to reduce the amount of ad-hoc disaster assistance needed.
He tells Brownfield, “We’ve seen the nutrition programs double in how much we’re spending on those. If we don’t spend a little bit more on the front end of it on crop insurance, then the back end of it, the food programs, will go up even more.”
Marshall says there hasn’t been much progress on a new farm bill in the Senate and it’s possible another extension of the 2018 Farm Bill will be needed. “Debbie Stabenow is a wonderful person, wonderful to work with. She’s dug in, we’re dug in, and I think we’ll have a better farm bill if we have a Republican Senate Majority, a better farm bill for the farmer.”
Brownfield interviewed Marshall at the Ag Commodity Futures Conference.
SDGs, Targets, and Indicators
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SDG 2: Zero Hunger
- Target 2.4: By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems, that strengthen capacity for adaptation to climate change, extreme weather, drought, flooding, and other disasters, and that progressively improve land and soil quality.
- Indicator: The article discusses the need to update risk management tools in the farm bill, including crop insurance, to provide better support for producers. This can be seen as an effort to ensure sustainable food production systems and implement resilient agricultural practices.
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SDG 13: Climate Action
- Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.
- Indicator: The article mentions the Federal Agriculture Risk Management Enhancement and Resilience (FARMER) Act, which aims to reduce the amount of ad-hoc disaster assistance needed. This can be seen as an effort to strengthen resilience and adaptive capacity to climate-related hazards and natural disasters.
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 2: Zero Hunger | Target 2.4: By 2030, ensure sustainable food production systems and implement resilient agricultural practices that increase productivity and production, that help maintain ecosystems, that strengthen capacity for adaptation to climate change, extreme weather, drought, flooding, and other disasters, and that progressively improve land and soil quality. | The article discusses the need to update risk management tools in the farm bill, including crop insurance, to provide better support for producers. |
| SDG 13: Climate Action | Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. | The article mentions the Federal Agriculture Risk Management Enhancement and Resilience (FARMER) Act, which aims to reduce the amount of ad-hoc disaster assistance needed. |
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Source: brownfieldagnews.com
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