Author: Elizabeth Grossman | Published on: May 2, 2017
Most farmers know that the health of their soil is important, but they don’t all prioritize it over, say, maximizing what they grow each year. Now, some scientists are looking into ways to ensure that more farmers—especially those producing commodity crops in the middle of the country—start taking soil seriously.
The world’s biggest crop insurance program, the U.S. Federal Crop Insurance Program (FCIP) provides coverage to help farmers recover from “severe weather and bad years of production.” But recently, a pair of Cornell University scientists looked at what might happen if crop insurance were also tied to soil quality—that is, if insurance companies began considering soil data when determining rates.
In a new paper, Cornell University assistant professor of agricultural business and finance Joshua Woodard and post-doctoral research assistant Leslie Verteramo Chiu argue that tying the Crop Insurance Program to the health of a farm’s soil could make it a powerful tool for promoting more sustainable and resilient farming. Including soil data in crop insurance criteria, they write, would “open the door to improving conservation outcomes” and help farmers better manage risks to food security and from climate change.
Or, as Paul Wolfe, National Sustainable Agriculture Coalition (NSAC) senior policy specialist, explained, “The big picture is that crop insurance could be a great way to incentivize conservation, but it isn’t now.”