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Buy-up Coverage
Buy-up coverage is the portion of crop insurance coverage for which a participating farmer in the US pays a premium. During the 2000s, the system offered catastrophic (CAT) crop insurance coverage without any premium payments required of the farmer. Any coverage purchased above the CAT level was referred to as buy-up coverage, and was partially subsidized by the US federal government. The Agricultural Act of 2014 The Agricultural Act of 2014 (; , also known as the 2014 U.S. Farm Bill), formerly the Federal Agriculture Reform and Risk Management Act of 2013, is an act of Congress that authorizes nutrition and agriculture programs in the United States for t ... adjusted buy-up coverage limits and premium payments, along with buyers' costs, as part of a shift away from direct subsidies. References * {{DEFAULTSORT:Buy-Up Coverage Agriculture in the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crop Insurance
Crop insurance is purchased by agricultural producers, and subsidized by the federal government, to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. The two general categories of crop insurance are called crop-yield insurance and crop-revenue insurance. On average, the federal government subsidizes 62 percent of the premium. In 2019, crop insurance policies covered almost 380 million acres. Major crops are insurable in most counties where they are grown, and approximately 90% of U.S. crop acreage is insured under the federal crop insurance program. Four crops—corn, cotton, soybeans, and wheat— typically account for more than 70% of total enrolled acres. For these major crops, a large share of plantings is covered by crop insurance. Specialty crops A farmer or grower may desire to grow a crop associated with a particular defined attribute ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Government Of The United States
The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States, a federal republic located primarily in North America, composed of 50 states, a city within a federal district (the city of Washington in the District of Columbia, where most of the federal government is based), five major self-governing territories and several island possessions. The federal government, sometimes simply referred to as Washington, is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the president and the federal courts, respectively. The powers and duties of these branches are further defined by acts of Congress, including the creation of executive departments and courts inferior to the Supreme Court. Naming The full name of the republic is "United States of America". No other name appears in the Constitution, and this i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Act Of 2014
The Agricultural Act of 2014 (; , also known as the 2014 U.S. Farm Bill), formerly the Federal Agriculture Reform and Risk Management Act of 2013, is an act of Congress that authorizes nutrition and agriculture programs in the United States for the years of 2014-2018. The bill authorizes $956 billion in spending over the next ten years. The bill passed in the United States House of Representatives on January 29, 2014, and the United States Senate on February 4, 2014 during the 113th United States Congress. U.S. President Barack Obama signed the bill into law on February 7, 2014. The bill is considered two years late, since farm bills are traditionally passed every five years. The previous farm bill, Food, Conservation, and Energy Act of 2008, expired in 2012. Background Farm bills In the United States, the farm bill is the primary agricultural and food policy tool of the federal government. The comprehensive omnibus bill is passed every five years or so by the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purdue University
Purdue University is a public land-grant research university in West Lafayette, Indiana, and the flagship campus of the Purdue University system. The university was founded in 1869 after Lafayette businessman John Purdue donated land and money to establish a college of science, technology, and agriculture in his name. The first classes were held on September 16, 1874, with six instructors and 39 students. It has been ranked as among the best public universities in the United States by major institutional rankings, and is renowned for its engineering program. The main campus in West Lafayette offers more than 200 majors for undergraduates, over 70 masters and doctoral programs, and professional degrees in pharmacy, veterinary medicine, and doctor of nursing practice. In addition, Purdue has 18 intercollegiate sports teams and more than 900 student organizations. Purdue is the founding member of the Big Ten Conference and enrolls the largest student body of any individual univer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
