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U.S. should offer incentives for conservation practices – Report
A waterway in a field.
Kacey Birchmier

Economic concerns are often a driving factor when farmers decide whether to adopt conservation practices such as cover crops or diversified crop rotations, said the AGree farm policy initiative in a paper released on Wednesday. The paper called for more coordination of conservation practices with the taxpayer-subsidized crop insurance system.

As an example, the paper pointed to the recently announced USDA offer of a $5 per acre premium discount this year for land that was planted to cover crops. The Risk Management Agency’s “initiative to support cover crops in the current crop year is a positive step but much more must be done to accelerate the adoption of cover crops and other conservation practices,” it said.

Crop insurance is widely used by farmers as a way to reduce their risk of poor yields or low prices. The program costs around $10 billion a year. “Given the high enrollment and significant federal subsidization, crop insurance has the potential to drive broader adoption of agricultural conservation practices that reduce risk and provide a host of economic and ecological co-benefits, including for example, sequestering carbon and improving water quality,” said AGree.

The AGree paper, “The case for next generation crop insurance,” is available here.

Original Text (This is the original text for your reference.)

A waterway in a field.
Kacey Birchmier

Economic concerns are often a driving factor when farmers decide whether to adopt conservation practices such as cover crops or diversified crop rotations, said the AGree farm policy initiative in a paper released on Wednesday. The paper called for more coordination of conservation practices with the taxpayer-subsidized crop insurance system.

As an example, the paper pointed to the recently announced USDA offer of a $5 per acre premium discount this year for land that was planted to cover crops. The Risk Management Agency’s “initiative to support cover crops in the current crop year is a positive step but much more must be done to accelerate the adoption of cover crops and other conservation practices,” it said.

Crop insurance is widely used by farmers as a way to reduce their risk of poor yields or low prices. The program costs around $10 billion a year. “Given the high enrollment and significant federal subsidization, crop insurance has the potential to drive broader adoption of agricultural conservation practices that reduce risk and provide a host of economic and ecological co-benefits, including for example, sequestering carbon and improving water quality,” said AGree.

The AGree paper, “The case for next generation crop insurance,” is available here.

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