As part of the kick-off of the 2022 Crop Insurance Industry Annual Convention, Grant Adams, EVP and COO of ProAg and chair of the American Association of Crop Insurers (AACI) presented opening remarks on the state of the industry. Adams emphasized the broadly shared view that crop insurance is the cornerstone of risk management for America’s farmers and ranchers.

“We need to make sure that crop insurance continues to have the support of Congress and the Administration, because it is a great deal for farmers, ranchers and taxpayers,” commented Adams.

Located in Washington DC, AACI is an industry advocacy organization representing all sectors of the private delivery system of crop insurance and is co-sponsor of the 2022 Crop Insurance Industry Annual Convention.

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Other news from the convention:

Lawmakers Pledge to Maintain, Expand Crop Insurance in the 2023 Farm Bill: The public-private partnership of crop insurance should be maintained and expanded in the 2023 Farm Bill, according to Minnesota Senator Tina Smith, Kansas Senator Jerry Moran, and California Representative Salud Carbajal and Nebraska Representative Adrian Smith.

Read the full release here.

Industry Panel Calls on Congress to Back Crop Insurance in Upcoming Farm Bill: A diverse panel of commodity growers, lenders and conservationists at the Crop Insurance Industry Annual Convention advocated for and highlighted the importance of the support of Congress in the 2023 Farm Bill. The group cited the key role crop insurance plays as a risk-management tool for growers to protect their yields and revenue.

Reach the full release here.