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Wednesday, June 4, 2008
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Aid Is a Bumper Crop for Farmers
Summary from multiple countries, from articles in English
The company, Crop 1, was one of 16 firms that sold federally subsidized crop insurance policies to farmers under rates set by the government. (article 1) In the spring of 2000, Congress decided to do something about its costly and politically driven practice of giving farmers a disaster payment each time a storm damaged their crops. (article 2) The government pays billions to help farmers buy cheap federal insurance, billions more to private insurance companies to help run the program and billions more to cover the riskiest claims. (article 2) EDEN, Md. Roger L. Richardson, a vigorous 72-year-old who grows corn on 1,500 acres of prime Eastern Shore farmland, had a good year in 2005. (article 3) The money came from a little-known, 20-year-old U.S. Agriculture Department program that was intended to boost farmers' incomes when prices are low. (article 3) Even as demonstrations by dairy farmers raged across Europe last week in protest at the poor prices received for milk, the situation in northern England was one of relative bucolic calm. (article 5) As farmers have benefited from higher commodity prices, improving incomes have also allowed Carr's leeway to pass on higher prices for fertilisers, animal foodstuffs and other farm supplies in the year to date. (article 5)

Other summaries about this story:
  • Summary from the United Kingdom, from articles in English (1 articles) [compare]
  • Summary from United States, from articles in English (4 articles) [compare]

  • Other stories about farmers, farm and payments:
  • Farm Program Pays $1.3 Billion to People Who Don't Farm (5 articles)

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    farmers, farm, payments, crop, Insurance

    Source articles
    1. Crop Insurers Piling Up Record Profits (Washington Post, 06/03/2008, 435 words)
    2. Aid Is a Bumper Crop for Farmers (Washington Post, 06/03/2008, 481 words)
    3. Growers Reap Benefits Even in Good Years (Washington Post, 06/03/2008, 459 words)
    4. Argentine farmers extend strike (BBC News, 06/03/2008, 231 words)
    5. Farmers plough back benefits from milk prices (ft.com, 06/02/2008, 569 words)




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