The U.S. Department of Agriculture (USDA) announced that producers with crop insurance can hay, graze or chop cover crops for silage, haylage or baleage at any time of the year and still receive 100% of the prevented planting payment. Previously, cover crops could only be hayed, grazed or chopped after November 1, otherwise the prevented planting payment was reduced by …
USDA Improves Livestock Crop Insurance Policies with New Options
The U.S. Department of Agriculture (USDA) has announced they are updating livestock insurance policies to improve options for producers and to create more opportunities for producers to participate. USDA’s Risk Management Agency’s (RMA) has made updates to the Dairy Revenue Protection (DRP) and Livestock Gross Margin (LGM) policies. These updates will be effective for the 2022 and succeeding crop years. Updates to …
USDA Approves Modifications to Margin Protection Plan of Insurance for Crops
The U.S. Department of Agriculture’s Risk Management Agency this week announced greater crop insurance options for farmers against unexpected decreases in their operating margin. Offered through the federal crop insurance program, margin protection insurance for corn, wheat, rice and soybeans will be available in more states and have updates designed to better clarify the real input costs covered beginning in …
Crop Insurance Closing Date
USDA’s Risk Management Agency (RMA) reminds farmers that February 28 is the sales closing date for crop insurance. This applies to policies for corn, cotton, flue-cured tobacco, grain sorghum, peanuts, and soybeans. Tyron Spearman has the details. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024