Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Sunday, 23 November 2014
Login |  Register 
 
Find Products or Services in your local community
 
KSCB Radio News US National Business Health & Science Political World Sports Top NPR Headlines Sports National Headlines
Crop Insurance Losses Begin to Mount Amid Drought
09/14/2012

  WICHITA, Kan. (AP) - Thousands of U.S. farmers are filing crop
insurance claims this year as drought and triple-digit temperatures
burn up crops in the Corn Belt.
     The final cost to the taxpayer-subsidized program has yet to be
determined, but Kansas State University is forecasting underwriting
losses at nearly $15 billion. That figure is based on anticipated
claims totaling $25 billion.
     Extension specialist G.A. Barnaby says the Agriculture
Department's Risk Management Agency cut premiums for corn and
soybeans in many states, expecting new technologies to eliminate or
reduce big losses.
     More than $1.42 billion in insurance claims have been paid so
far, with the bulk still to come.
     Texas is leading the nation with $518.6 million in claims,
followed by Kansas with $223 million. Colorado is third with $66
million.
    
 

© Associated Press
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.



MOST VIEWED STORIES
Sheriff's Deputy Finds Dead Body:UPDATE
Gas Explosion Injures Two: UPDATE
Turpin Natives Share their Story on Today Show Friday
Dairy Process Plant Coming To Western Kansas
Judge Bars Garden City In Church Dispute
Retirement Reception Honoring Greg Sillin
One Lane Bridge On Highway 50
Seward County Democratic Party To Elect Officers
Scenic Roots Heads To Liberal
Voter ID Fight Comes Back To Kansas Court
Click Here For All Stories

LATEST STORIES
Rebounding Issues Sink Seward at South Plains
Seward Rallies Past Coffeyville
Gas Explosion Injures Two: UPDATE
Art Glass of John McDonald Blown Glass Exhibit
Sheriff's Deputy Finds Dead Body:UPDATE
Turpin Natives Share their Story on Today Show Friday
Two Wins at Home for Aggie Basketball
Holiday Brunch At SCCC/ATS
Scenic Roots Heads To Liberal
Seward County Democratic Party To Elect Officers
Click Here For All Stories
Click Here for KSCB Talk Radio 1270 am
Click Here for B107.5
Click Here for The Legend 102.7
click Here for ozzBlog
Click Here for the Emergency Alert Hanbook

©2014 Seward County Broadcasting Company, Inc.
1410 N. Western Ave. Liberal, KS 67901

Emergency Alert System | EEO Public Report Form | The Public and Broadcasting

Powered by Radio Media Group