Crop Insurance Updates

February 25, 2016

AMS Expands Insurance Options for Farmers Transitioning to Certified Organic Agriculture

The Agricultural Marketing Service (AMS) announced a new step to support farmers transitioning to certified organic production, by expanding a crop insurance option to allow producers to purchase insurance coverage that better reflects their product's actual value. The expanded coverage is part of the U.S. Department of Agriculture's (USDA) continued commitment to provide farmers with resources and tools to meet the growing demand for certified organic products. The Secretary made the announcement at the White House during remarks to participants at the USDA Market Summit.

To view the announcement, click here.

 

February 11, 2016

Making Money on Crop Insurance

The Environmental Working Group (EWG) released a report showing that “most farmers make money by just buying a crop insurance policy.” 

To view the article, click here.

 

January 21, 2016

Regular Meeting

The Farm Credit Service Insurance Corporation (FCSIC) announced a regular meeting to be held at the offices of the Farm Credit Administration in McLean, Virginia, on January 28, 2016, from 9:30 a.m. until such time as the Board concludes its business.

To view the notice, click here.

Agriculture Risk Coverage Program vs Supplemental Coverage Option

The Economic Research Service (ERS) published a report in the Amber Waves showing that the Agriculture Risk Coverage Program has been more popular than the Supplemental Coverage Option.

To view the report, click here.

 

January 14, 2016

Texas Citrus Fruit Crop Insurance Provisions

The Federal Crop Insurance Corporation (FCIC) proposed to amend the Common Crop Insurance Regulations, Texas Citrus Fruit Crop Insurance Provisions. The intended effect of this action is to provide policy changes to better meet the needs of policyholders, to clarify existing policy provisions, and to reduce vulnerability to program fraud, waste, and abuse. Specifically, this proposed rule intends to modify or clarify certain definitions, clarify unit establishment, clarify substantive provisions for consistency with terminology changes, modify the insured causes of loss, clarify required timing for loss notices, modify portions of loss calculation formulas, and address potential misinterpretations or ambiguity related to these issues. The proposed changes will be effective for the 2018 and succeeding crop years.

To view the proposed rule, click here.

Crop Insurance Deadlines Near in Idaho, Oregon and Washington

The Risk Management Agency (RMA) reminds producers that the final date to apply for Whole-Farm Revenue Protection and insurance coverage on all other spring crops (except wheat in counties with fall and spring planted types) is March 15.The final date to apply for coverage on spring planted onions in Idaho, Oregon, and Washington, and cabbage in Oregon and Washington is February 1. Current policyholders who wish to make changes to their existing coverage also have until the sales closing date to do so. Crop insurance provides protection against a loss in production due to natural perils, such as drought or excessive moisture.

To view the announcement, click here.

2016 Crop Year (CY) Additional Price Election for Actual Production History (APH) Prunes

The Risk Management Agency (RMA) issued the additional price election for 2016 CY APH prunes in California with a corresponding sales closing date of January 31, 2016.

To view the additional price election, click here.

 

January 07, 2016

Crop Fact Sheets

The Risk Management Agency (RMA) published updated crop fact sheets for the following crops:

Alaska
Cabbage

Delaware
Potatoes

Hawaii
Macadamia Nuts
Macadamia Trees
Coffee
Bananas Trees
Coffee Trees
Papaya Tree

Idaho
Storage Onions

Maryland
Potatoes

New Jersey
Potatoes

North Carolina
Potatoes

Oregon
Cabbage
Onions for Processing
Storage Onions

Virginia
Potatoes

Washington
Cabbage

Lemon and Lime Trees 2017 Crop Year County Program Deletions

The Risk Management Agency (RMA) announced the approval of the deletion of a number of county crop programs for the 2016 and succeeding crop years including lemon and lime trees. These county crop programs were recommended and approved for deletion due to the fact that no participation by any producers has occurred within the last five years.

To view the announcement, click here.

2016 Prevented Planting Standards Handbook

The Risk Management Agency (RMA) released the updated handbook for the 2016 prevented planting standards.

To view the updated handbook and slipsheets, click here.

2016 Loss Adjustment Manual Standards Handbook

The Risk Management Agency (RMA) released the updated 2016 loss adjustment manual standards handbook.

To view the updated handbook and slipsheets, click here.

Olive Crop Insurance

The Risk Management Agency (RMA) release a report detailing the program description and benefits of the olive crop insurance for 2016 and succeeding years.

To view the report, click here.

 

 

The Federal Register

Crop Profiles, Harvesting and Trade

Agency and Congressional Hearings

Congressional Legislation

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