2022 Census of Agriculture: More cropland covered by crop insurance

U.S. cropland is increasingly being covered by crop insurance, according to data from the 2022 Census of Agriculture published by USDA, National Agricultural Statistics Service. From 2017 to 2022, the share of cropland acres covered by any Federal, private, or other crop insurance program grew, particularly among small- to medium-sized farms. While percent share of cropland acres with crop insurance across all farms has risen by almost 9 percent, smaller farms have experienced higher growth rates. Farms operating 70 to 99.9 acres saw the largest gains in coverage, with the share of insured acres rising by more than 20 percent from 2017 to 2022. This trend is consistent across other small to medium-sized farm sizes, notably those between 10 to 69.9 acres, which on aggregate saw growth rates in coverage surpassing 15 percent. Rising participation rates indicate expanding use of crop insurance products to manage risks faced by smaller agricultural operations. For more information, see the USDA, Economic Research Service topic page, Crop Insurance at a Glance.

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