date:May 11, 2012
rticipate in crop insurance.
That may not sound like much. Its about 4% of some 875,000 farmers who bought crop insurance last year. But its worth remembering that less than 10% of the nations 2.2 million farms have revenue of $250,000 or more, enough to be considered a commercial farm by USDA economists. And the GAO did say that the small percentage of farmers who would have been hit by a $40,000 premium cap last year accounted for about one-third of all premium subsidies and were primarily as