# Illinois lawmakers call on USDA to recalculate crop insurance premiums

> Illinois lawmakers including Senator Dick Durbin and Representatives Eric Sorensen and Nikki Budzinski asked USDA to review counties and crops with consistently high federal crop insurance premiums. They also asked USDA to consider refunds for the current crop year. The request cites Midwestern loss ratios below 0.80 in an NDSU analysis.

- Date: 2026-11-12 · published 2026-11-12T12:15:03.459Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/95453-illinois-lawmakers-call-on-usda-to-recalculate-crop-insurance-premiums
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower premiums would reduce input costs for Midwestern corn and soybean growers and could support planting decisions. The request is not yet policy and has no immediate price impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-12-01 | [US Lawmakers Urge Biden to Enforce USMCA Compliance on Biotech- Crop Biotech Update (December 1, 2021) \| Crop Biotech Update - ISAAA.org](https://feedsoft.ai/events/43571-us-lawmakers-urge-biden-to-enforce-usmca-compliance-on-biotech-crop-biotech.md) | +8.0% | +4.8% |
| CORN | 2023-06-27 | [Premium Support and Crop Insurance: An Analysis of the Proposed 4% Farmer-Premium Payment Cap - farmdoc daily](https://feedsoft.ai/events/35470-premium-support-and-crop-insurance-an-analysis-of-the-proposed-4-farmer-premium.md) | -7.9% | +0.0% |
| CORN | 2017-03-16 | [Lawmakers press Trump to deny calls to overhaul biofuels program](https://feedsoft.ai/events/71860-lawmakers-press-trump-to-deny-calls-to-overhaul-biofuels-program.md) | -1.1% | +0.7% |
| CORN | 2023-12-06 | [USDA RMA Announces Continued Improvements To Sorghum Crop Insurance - Morning Ag Clips](https://feedsoft.ai/events/32766-usda-rma-announces-continued-improvements-to-sorghum-crop-insurance-morning-ag.md) | -2.0% | -0.7% |
| CORN | 2022-02-02 | [Crop insurance programs and the 2023 Farm Bill - Brownfield Ag News](https://feedsoft.ai/events/42698-crop-insurance-programs-and-the-2023-farm-bill-brownfield-ag-news.md) | +0.6% | +14.2% |
| SOY | 2021-12-01 | [US Lawmakers Urge Biden to Enforce USMCA Compliance on Biotech- Crop Biotech Update (December 1, 2021) \| Crop Biotech Update - ISAAA.org](https://feedsoft.ai/events/43571-us-lawmakers-urge-biden-to-enforce-usmca-compliance-on-biotech-crop-biotech.md) | +2.7% | +11.4% |
| SOY | 2023-06-27 | [Premium Support and Crop Insurance: An Analysis of the Proposed 4% Farmer-Premium Payment Cap - farmdoc daily](https://feedsoft.ai/events/35470-premium-support-and-crop-insurance-an-analysis-of-the-proposed-4-farmer-premium.md) | +2.7% | -0.4% |
| SOY | 2022-02-02 | [Crop insurance programs and the 2023 Farm Bill - Brownfield Ag News](https://feedsoft.ai/events/42698-crop-insurance-programs-and-the-2023-farm-bill-brownfield-ag-news.md) | +2.6% | +9.7% |

## Sources

- starcourier.com: https://www.starcourier.com/story/news/local/2026/11/12/usda-urged-to-lower-crop-insurance-premiums-for-midwest-farmers/92692047007/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.