crop insurance

New Crop Insurance for Tropical Storms Benefits Producers Impacted by Idalia

Dan Agri-Business, Crop Insurance, Economy, Funding, USDA-RMA

(USDA-RMA/WASHINGTON, Sept. 20, 2023) – The U.S. Department of Agriculture’s (USDA) recent expansion of its hurricane crop insurance policy to cover tropical storms this year has already provided farmers with $85.4 million to help them recover from Hurricane Idalia. USDA’s Risk Management Agency (RMA) rolled out the new Tropical Storm Option for its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement earlier this year …


RMA Asks for Input on Prevented Plant Coverage

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

Farmers have the chance to voice their thoughts on a USDA program. The USDA’s Risk Management Agency (RMA) is gathering feedback on possible changes to prevented planting crop insurance coverage. According to the RMA, prevented planting provisions in insurance policies can provide valuable coverage when extreme weather conditions prevent expected plantings. The agency is hosting virtual and in-person listening sessions …


Margin Protection for Corn and Soybean Farmers Expanded by USDA

Dan Agri-Business, Corn, Funding, Soybeans, USDA-RMA

(USDA-RMA/WASHINGTON/March 30, 2023) — The U.S. Department of Agriculture (USDA) is expanding its Margin Protection insurance plan, adding more than a thousand counties to the insurance option that provides coverage against an unexpected decrease in operating margin for corn and soybean producers. This expansion, which is in direct response to growing interest among producers, will be available by June 30, 2023. Interested …


Crop Insurance Deadline Nears in Florida for Citrus Tree and Fruit Growers

Dan Citrus, Crop Insurance, Economy, USDA-RMA

The USDA Risk Management Agency (RMA) is reminding Florida citrus tree and fruit growers that the final date to apply for crop insurance coverage for the 2023 crop year is April 15th. Current policyholders who wish to make changes to their existing coverage also have until the April 15 sales closing date to do so. RMA notes that coverage is available for avocado …

USDA Expands Hurricane Insurance Protection

Dan Crop Insurance, Economy, USDA-RMA, Weather

Farmers may now be eligible for further protection against damaging tropical storms. After hearing directly from agricultural producers, the U.S. Department of Agriculture (USDA) is expanding its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement with a Tropical Storm Option. USDA’s Risk Management Agency (RMA) will offer this option for the 2023 crop year. RMA Administrator Marcia Bunger says during the past …


NRCS Encourages Producers to Attend Upcoming RMA Workshop

Dan Crop Insurance, Economy, USDA-NRCS, USDA-RMA

Southeast AgNet’s Randall Weiseman talked to USDA Risk Management Agency (RMA) Administrator Marcia Bunger, and the virtual event coming up next Tuesday. The U.S. Department of Agriculture (USDA) Natural Resources Conservation Service (NRCS) encouragesproducers and industry leaders to attend an upcoming virtual workshop about the Whole-Farm RevenueProtection (WFRP) and Micro Farm insurance options, scheduled for Tuesday, Dec. 13 at 11 …

cow-calf operations

USDA Updates Livestock Insurance Options to Offer Better Protection, Flexibility

Dan Cattle, Economy, Livestock, USDA-RMA

The U.S. Department of Agriculture (USDA) has updated three key crop insurance options for livestock producers: the Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM), and Livestock Risk Protection (LRP). USDA’s Risk Management Agency (RMA) revised the insurance options to reach more producers, offer greater flexibility for protecting their operations, and ultimately, better meet the needs of the country’s swine, …


USDA Responds to Producer Needs by Updating Crop Insurance

Dan Crop Insurance, Economy, USDA-RMA

The U.S. Department of Agriculture (USDA) has announced they are making updates to crop insurance in order to respond to the needs of agricultural producers, and this includes organic producers. Specifically, USDA’s Risk Management Agency (RMA) is making permanent a new provision that allows producers to hay, graze or chop cover crops and still receive a full prevented planting payment. …

organic survey

RMA Updates Whole-Farm Revenue Protection

Dan Aquaculture, Economy, Organic, USDA-RMA

Organic and aquaculture producers will soon be able to benefit from updates that USDA’s Risk Management Agency (RMA) is making to the Whole-Farm Revenue Protection Plan. RMA is revising the plan of insurance to make it more flexible and accessible to producers beginning in crop year 2022. RMA Acting Administrator Richard Flournoy explains what plan does. Changes to the program include increasing expansion …