ICBA, farm groups urge no cuts to crop insurance
February 09, 2026 / By ICBA
ICBA and 60 farm groups opposed cuts to crop insurance during the budget process.
Details: In letters to the administration and congressional leaders, ICBA and the other groups said:
The crop insurance program provides predictable, within-budget assistance to farmers that helps lenders continue to support U.S. farmers and ranchers.
Farmers, agribusinesses, lenders, and lawmakers agree that crop insurance is a linchpin of the farm safety net and is crucial to the economic, food, and fiber security of both urban and rural America.
Recent USDA Action: The Agriculture Department in December announced updates to federal crop insurance to reduce red tape for farmers, modernize policies, and expand access to risk protection.
ICBA Advocacy: ICBA testified last July on the importance of community banks to the nation’s agriculture credit markets and thanked members of Congress for including higher reference prices in the One Big Beautiful Bill Act as well as provisions benefiting crop insurance.
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