S. 1117 · Where this bill is now
In committee
Introduced in the Senate, Mar 25, 2025
What this bill does
In plain words · AI-written from the official summaryReviews farm crop insurance quality loss coverage
The federal crop insurance program helps farmers protect against financial losses from poor growing conditions and quality problems. This bill directs the government to regularly review and update how the program handles quality losses—like when crops don't meet market standards—at least every five years. It also allows the program to create regional price adjustments for soybeans when there are disasters or special market conditions in certain areas.
How it affects you
Farmers who buy federal crop insurance could see improvements in how quality losses are handled and covered. The regular reviews mean the insurance procedures can be updated based on feedback from farmers and industry experts in different regions, and soybean farmers in areas hit by disasters or unusual market conditions may get better adjustments to reflect local price impacts.
Read the official summary (Introduced in Senate, Mar 25, 2025)
Quality Loss Adjustment Improvement for Farmers Act
This bill directs the Federal Crop Insurance Corporation (FCIC) to review and revise quality loss adjustment coverage and provides for the establishment of a regional discount factor for soybeans, as needed.
The FCIC is a government corporation that finances and administers the federal crop insurance program (FCIP) operations. Under the FCIP, farmers may purchase insurance coverage against financial losses caused by certain adverse growing and market conditions, including for quality losses. The federal government subsidizes the premiums that farmers pay for these insurance policies.
The bill directs the FCIC to contract with a qualified entity to conduct a review at least once every five years of the quality loss adjustment procedures. Based on each review, the FCIC must make adjustments to the procedures. Each review must include engagement from regionally diverse industry stakeholders for each agricultural commodity for which a quality loss adjustment is offered.
The bill also directs the FCIC, in certain circumstances, to establish a state or regional discount factor for soybeans to reflect the average quality discounts applied to the local or regional market prices of the soybean crop. The FCIC must take this action in the event of (1) specific emergency or disaster declarations for a state or region, or (2) the occurrence of a salvage market for soybeans in a state or region.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 1117
A BILL
Quality Loss Adjustment Improvement for Farmers Act
Sponsor: Sen. John Kennedy (R-LA) · Introduced Mar 25, 2025 · Agriculture and Food · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 25, 2025: “Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.”