Mar 26, 2019

Reimbursement for Grain Lost in Flooding May Be Question for Congress

If Congress passes a disaster package, relief for grain losses may be part of that

The government has an indemnity program for livestock killed by storms and flood, but nothing to compensate growers for grain lost to flooding, reportsSuccessful Farming.

The issue took center stage Monday at an agriculture roundtable confronting the blizzard and flooding losses in Nebraska, a leading corn, cattle, and soybean state.

Federal forecasters say there is potential for moderate or major flooding in 25 states with the Northern Plains and upper Mississippi River basin at greatest risk this spring.

“(For) privately stored grain, we don’t have anything in place at USDA,” said Agriculture Undersecretary Greg Ibach at the roundtable. “If Congress passes a disaster package, that may or may not be part of that.”

Recently Added to Buyer's Guide

Metris Vibe

  • Wireless vibration and temperature sensor can monitor health status of mechanical equipment regardless of original manufacturer
  • Offers increased uptime, reduced maintenance, higher production reliability and improved safety

Ride-On Hopper Gate Opener

  • Operators can now control automated unit from a seated position
  • Designed for high-volume applications

Model FA Belt Cleaner

  • Multi-bladed spring arm conveyor belt cleaner
  • Available with 7 different blade materials ranging from urethane to stainless steel to tungsten carbide

三辊装配Upgrade

  • For Paladin 2000 automatic roller adjustment system
  • Provides adjustable spacing between die and rolls to allow producers to set perfect distance for different recipes in one pellet mill

Pneumatic Conveying System

  • Pneumatic dense phase conveying is dust tight
  • Enables low-abrasion transport as well as complete emptying of the conveyor pipe

Magazine

Marketwatch: Jun, 12

US Corn Price Idx:ZCPAUS.CM

open: 7.7377
high: 7.807
low: 7.677
close: 7.7526

US Soybean Price Idx:ZSPAUS.CM

open: 17.2303
high: 17.2303
low: 16.9512
close: 16.9916

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 11.0255
high: 11.2341
low: 10.9614
close: 11.1675

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.036
high: 10.2027
low: 9.9514
close: 10.1276