Crop insurance coverage appears likely to be expanded as House and Senate committees again take up providing 5-year reauthorization of farm programs.
The committees are acting despite a report earlier this month arguing that in many cases the federal crop insurance program allows growers to make more money from insurance payouts than they would from a healthy harvest.
This is particularly so for industrial-scale operations that have been enjoying record profits, says report by Bruce Babcock, a professor of economics at Iowa State University.
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