tag:blogger.com,1999:blog-3184575347466163757.post6248965691559373621..comments2023-07-03T08:51:01.209-05:00Comments on What Powderfinger Said . . . Observations on Life in the Dying Empire: Not to Harp on It . . .Anonymoushttp://www.blogger.com/profile/00111660094586126379noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3184575347466163757.post-23353412195822722432012-06-16T12:52:03.868-05:002012-06-16T12:52:03.868-05:00I wasn't aware of the huge agricultural losses...I wasn't aware of the huge agricultural losses. I'm sure the Dept of Agriculture is one the Tea Party/GOP would be happy to allow to stay since it funnels billions into the pockets of agribusiness. I think I remember reading somewhere that there have been hundreds of millions in losses for agriculture in Alabama which have been attributed to lack of field labor.Anonymoushttps://www.blogger.com/profile/00111660094586126379noreply@blogger.comtag:blogger.com,1999:blog-3184575347466163757.post-34722420407530537212012-06-16T11:03:18.682-05:002012-06-16T11:03:18.682-05:00In Agriculture.com:
If crop insurance indemnity p...In Agriculture.com:<br /><br />If crop insurance indemnity payments are an accurate picture of the value of crop losses, 2011 was a record year.<br /><br />Those payments added up to more than $9 billion for the first time in history last year, and that figure's expected to continue to climb as more 2011 crop losses are discovered as farmers get into the field this spring. <br /><br />Drought in the Plains and parts of the Midwest, flooding along the Mississippi and Missouri rivers and untimely freezes in the southeast all triggered about $9.1 billion in crop insurance indemnity payments, beating the previous record of $8.67 billion set in 2008, when flooding ravaged much of the Corn Belt. And, the 2011 number, according to a report from National Crop Insurance Services (NCIS) shows that number could eclipse $10 billion once all claims are settled despite slipping funding for federal crop insurance, says NCIS president Tom Zacharias.<br /><br />http://www.agriculture.com/news/business/crop-insurce-payouts-top-9-billion_5-ar21787<br /><br />I'm sure the $75 million in in there... and if $75 million is representative of such losses, the losses due to lack of harvesters would probably be over $1 billion country-wide.Montaghttps://www.blogger.com/profile/00017648070522030951noreply@blogger.com