Federal Officials: FCIC Acted Reasonably In Reapproving Dry Bean Insurance Policy

( September 29, 2026, 10:38 AM EDT) -- MINNEAPOLIS — The secretary of Agriculture and the administrator of the U.S. Department of Agriculture’s Risk Management Agency (RMA) moved for summary judgment in a Minnesota federal court dispute brought by dry bean farmers challenging the Federal Crop Insurance Corp.’s (FCIC) 2023 reapproval of a revenue-protection policy’s contingency pricing methodology, arguing that the agency acted reasonably and not arbitrarily or capriciously because it obtained expert review and concluded that the coverage was actuarially sound and protective of producers’ interests....