Extreme weather in 2012 forced the Federal Crop Insurance Program to pay out a record-breaking $17.3 billion in crop losses last year.
That fact was among the information detailed in a crop insurance report and crop loss mapping tool released on Aug. 27.
Those record-breaking crop insurance payouts smashed the trend of annual Federal Crop Insurance payouts from 2001-2010, when crop losses averaged just $4.1 billion a year.
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