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Tag Archives: U.S. Department of Agriculture’s Risk Management Agency

Crop insurance rates skyrocket after summer floods

Midwestern farmers who saw their land swamped by summer flooding may be socked again with steep increases in their crop insurance premiums, the expensive result of the failure to fix broken levees before the winter snow and next spring’s rains. The Missouri River rose to record levels this year after the U.S. Army Corps of Engineers began releasing massive amounts ...

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