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Producers with Crop Insurance to Receive Premium Benefit for Cover Crops

Dan Cover Crops, Crop Insurance, Economy, USDA-RMA

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Oilseed Cover Crop
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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 by USDA’s Risk Management Agency (RMA), helps farmers maintain their cover crop systems, despite the financial challenges posed by the pandemic.

The PCCP is part of USDA’s Pandemic Assistance for Producers initiative, a bundle of programs to bring financial assistance to farmers, ranchers and producers who felt the impact of COVID-19 market disruptions. It is advisable to review several insurance products from different companies to find the best policy for your needs.

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RMA Acting Administrator, Richard Flournoy, notes the assistance through this program is a five dollar an acre crop insurance premium discount for those producers….

Producers with Crop Insurance to Receive Premium Benefit for Cover Crops

PCCP provides premium support to producers who insured their spring crop with most insurance policies and planted a qualifying cover crop during the 2021 crop year. While the premium support is $5 per acre, it is no more than the full premium owed.

All cover crops reportable to FSA are eligible and include cereals and other grasses, legumes, brassicas and other non-legume broadleaves, and mixtures of two or more cover crop species planted at the same time.

To receive the benefit for this program, producers must file a Report of Acreage form for cover crops with USDA’s Farm Service Agency (FSA) by June 15, 2021, which is distinct from the normal acreage reporting date. The normal acreage reporting deadline with FSA has not changed, but to receive the premium benefit, producers must file by June 15. To file the form, producers must make an appointment with their local USDA Service Center.

Additional information on PCCP can be found on the farmers.gov website.