The government has an indemnity program for livestock killed by storms and flood, but nothing to compensate growers for grain lost to flooding, reports Successful Farming.
The issue took center stage Monday at an agriculture roundtable confronting the blizzard and flooding losses in Nebraska, a leading corn, cattle, and soybean state.
Federal forecasters say there is potential for moderate or major flooding in 25 states with the Northern Plains and upper Mississippi River basin at greatest risk this spring.
“(For) privately stored grain, we don’t have anything in place at USDA,” said Agriculture Undersecretary Greg Ibach at the roundtable. “If Congress passes a disaster package, that may or may not be part of that.”
