Federal Crop Insurance Corporation

That changed quickly when the Dust Bowl drought made it difficult for farmers to produce any crops during this time.

[1] In order to help America recover from the Great Depression, President Franklin D. Roosevelt started the New Deal, which was a plan compiled of federal programs, including several focused on farming.

However, insurance premiums were subsidized by the U.S. government as a means of encouraging participation in the FCIC program.

[6] An independent office designed to supervise and monitor FCIC activities was mandated in the Federal Agriculture Improvement and Reform Act of 1996 (P.L.104-127).

[7] In September 2008, the U.S. Department of Agriculture approved the expansion of the FCIC's risk management program to include agricultural producers involved in the planting and harvesting of certain biotech corn hybrid seeds that are designed to be resistant to damage from lepidoptera pests (including moths and their larvae) and below-ground corn rootworm damage.

Corn crops bordering the Wabash River