Money Talks: Vulnerable Farmers
Tuesday, August 17 2010
by Amber Nimocks and Frank Stasio
rafiusa.org
By some estimates, up to 80 percent of North Carolina's farm income is uninsured. This means that another disaster like Hurricane Floyd, which devastated eastern North Carolina in 1999, would bankrupt hundreds of farmers. As we head into what are traditionally the most active months of hurricane season, we take a look at the fragile financial net that protects so many of our state's farmers from ruin. Scott Marlow, director of Farm Sustainability programs for the Pittsboro-based Rural Advancement Foundation International, joins host Frank Stasio to talk about insuring farmers for this installment of our “Money Talks” financial series.
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