The Environmental Working Group says10,000 farming operations have received crop insurance premium subsidies. Twenty-six operations eclipsed $1 million dollars each in the last year. The group says that 80 percent of policyholders received crop insurance subsidies worth over $5,000 each. According to a news release from the group, it’s the first time the activists have gathered data about crop insurance premium subsidies for individual policyholders.
The Environmental Working Group wants the Senate to form farm policy capping insurance subsidies. They also want to make public the names of the insured who get the subsidies. USDA’s Risk Management Agency is not permitted to disclose the names of the insured, but Environmental Working Group President Ken Cook wants that changed too, saying the veil of secrecy should be lifted. Cook also advocates for an end to big insurance premium subsidies paid to large farm operators.
The NAFB News Service contributed to this article.
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