Agricultural producers who have coverage under most crop insurance policies are eligible for a premium benefit from the U.S. Department of Agriculture (USDA) if they planted cover crops during this crop year. The Pandemic Cover Crop Program (PCCP), offered nationally by USDA’s Risk Management Agency (RMA), helps farmers maintain their cover crop systems, despite the financial challenges posed by the pandemic.
Read MoreIn this recorded webinar, three farmers discuss their experiences with hemp production and some of the challenges they’ve encountered, including stringent regulations and lack of information. NCAT’s Jeff Schahczenski discusses crop insurance.
Read MoreThe USDA’s Risk Management Agency (RMA) reminds Georgia fresh market tomato and pecan growers that the final date to apply for crop insurance coverage for the 2021 crop year is January 31. Current policyholders who wish to make changes to their existing coverage also have until the January 31 sales closing date to do so.
Read MoreUSDA Risk Management Agency (RMA) has announced modifications to the Whole-Farm Revenue Protection (WFRP) program to decrease paperwork and record-keeping burdens for direct marketers beginning with the 2021 crop year.
Read MoreThe U.S. Department of Agriculture (USDA) today announced the availability of two programs that protect hemp producers’ crops from natural disasters. A pilot hemp insurance program through Multi-Peril Crop Insurance (MPCI) provides coverage against loss of yield because of insurable causes of loss for hemp grown for fiber, grain or Cannabidiol (CBD) oil and the Noninsured Crop Disaster Assistance Program (NAP) coverage protects against losses associated with lower yields, destroyed crops or prevented planting where no permanent federal crop insurance program is available. Producers may apply now, and the deadline to sign up for both programs is March 16, 2020.
Read MoreThe U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) is reminding producers that their crop insurance premiums for the 2019 crop year are due January 31. Under this change, policies that do not have the premium paid by January 31, 2020, will have interest attach on February 1, calculated from the date of the premium billing notice.
Read MoreProducers currently participating in federal crop insurance who, in 2019, had a payable prevented planting indemnity related to flooding, excess moisture or causes other than drought will automatically receive a “top-up” payment. Producers will receive the payment from their Approved Insurance Providers (AIPs) starting in mid-October
Read MoreUSDA’s Risk Management Agency (RMA) reminds Georgia fresh market sweet corn and pepper growers that the final date to apply for crop insurance coverage is July 31. Current policyholders who wish to make changes to their existing coverage also have until the July 31 sales closing date to do so.
With the passage of the 2018 Farm Bill, several important updates were made to crop insurance programs administered by the USDA. Let’s take a brief look at how the Farm Bill has affected Risk Management Agency programs and regulations.
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