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U.S. Farmers claimed a record $19 billion in insurance payments in 2022

By September 12, 2023No Comments

$19 Billion in 2022 compares to under $3 Billion in indemnities paid out in 2002.  Some of this increase relates to more crops covered and more farmers using crop insurance, but some of it can be directly connected to the intensity of weather disruptions we are seeing.

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