Beginning in 1995 farmers were offered the chance to carry a minimum level of Multiple Peril Crop Insurance (MPCI) coverage at very little cost. This catastrophic or CAT insurance coverage replaces the protection offered to crop producers under federal disaster programs in recent years.

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Typical cash rental rates for cropland in each Iowa county are presented.

An alternative to leasing farmland is custom farming. The custom operator agrees to perform all the machine operations on the owner's land in exchange for a set fee or rate. The landowner pays for all seed, chemicals and other inupts, and keeps all of the crop.

The first step in developing a crop risk management program for a farm is to establish the proven yield and unit structure. The Actual Production History (APH) is used to set the guarantees under all of the FCIC-backed insurance plans except the Group Risk Plan (GRP). True risk protection must...

Multiple Peril Crop Insurance (MPCI) is a broad-based crop insurance program regulated by the U.S. Department of Agriculture and subsidized by the Federal Crop Insurance Corporation(FCIC). Crops eligible for MPCI coverage in Iowa include corn, sobyeans, oats, wheat, seed corn, popcorn, barley,...

Group Risk Plan (GRP) and Group Risk Income Protection (GRIP) are low-cost insurance programs designed to help farmers protect their crops from disastrous losses. GRP and GRIP are alternatives to the traditional Multiple Peril Crop Insurance and revenue insurance products.

The 2002 Farm Security and Rural Investment Act provides for three different types of payments to agricultural producers and landowners: direct, counter-cyclical and loan deficiency payments. Eligiable recipients will have the opportunity to update their acreage bases and programs yields under a...