Show Crop Insurance Program For 1940 Offers Added Attractions to Farmers Changes made in the 1940 AAA program make it easier for the farmer to secure insurance for his wheat crop according to Marvin M. M Hatch member of the state AAA committee These changes have also simplified the programs program's administration and made it more economical to operate One of the greatest greate t improvements improvements improvements improve- improve ments on the program is an amendment amendment amendment amend amend- ment to the AAA act that makes it possible for a farmer to pay his premium from advances is issued issued issued is- is sued for the purpose against future future future fu fu- fu- fu ture payments he may earn under the AAA AkA program Since no cash cashis is required it is a great deal easi- easi si- si rr for the wheat grower to insure his crop for 1940 says Mr Mi Hatch Another feature of the 1940 19 program program program pro pro- gram is the extension of the period period period pe pe- pe- pe on which the yield and loss data are based abased In past programs farmers used wed the years 1930 thru 1935 as their base for computing these data Under the new plan the years 1936 1937 and 1938 will willbe willbe willbe be added which gives an additional addition addition- al three years in which good crops were raised upon which to build data This period blended blend blend- ed with a year 13 base for the county in which the farm is located ed will tend to equalize the effects of unusual losses Mr Hatch re re- re ports In Commenting on the benefits benefits' of federal crop insurance he said since insurance was first inaugurated inaugurated inaugurated it has been applied to practically practically t c everything But with all its widespread application it has never never never nev nev- er yet been used on an risk all-risk wide nation-wide basis to cover growing growing growing grow grow- ing crops Farmers have been left to fight it out for themselves If they had a good crop everything ng was fine fine but but if there was wa failure failure failure fail fail- ure they stood the blow Last year the government took steps to correct this evil The crop insurance program program pro pro- gram giam of 1939 was introduced and andin andin andin in its first year more than farmers in the United States SlateS took advantage of it it Through their cooperation its value and validity has been proved There were some farmers w who ro wanted to take out insurance but could not because they didn't havethe havethe have havethe the money to pay for the premiums and therefore fae faced faed d the possibility of loss through another crop failure this year |