A major share of the money goes to parched and flood-prone areas where farming is tenuous at best and "disasters" seem to happen every year, a review of thousands of records and interviews with dozens of farmers, economists, insurers and regulators has found.
Those farmers have come to depend on both crop insurance and disaster payments, which together allow for covering up to 95 percent of the value of their crops.
"Taxpayers are funding something good, the rural life," said Terry Aronson, a farmer in the flood-prone Devil's Lake area of North Dakota, who has received nearly $300,000 in federal disaster aid in the last decade.
Tags:
Crop Insurance
Disaster payments
Flood prone areas
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