Home USDA announces expansion, improvements to hemp crop insurance
News

USDA announces expansion, improvements to hemp crop insurance

AFP

usdaUSDA is expanding the pilot Multi-Peril Crop Insurance plan for hemp. The expansion, as well as other improvements to the plan, will begin in the 2021 crop year.

“We are pleased to expand the hemp program and make other improvements for hemp producers,” said USDA’s Risk Management Agency (RMA) Administrator Martin Barbre. “Hemp offers exciting economic opportunities for our nation’s farmers, and we are listening and responding to their risk management needs.”

Changes announced today include:

Expanding the program

  • New states included: select counties in Arizona, Arkansas, Nevada and Texas
  • New counties (13) in states with existing coverage: Conejos, CO; La Plata, CO; Moffat, CO; Routt, CO; San Miguel, CO; Kenton, KY; Whitley, KY; Houghton, MI; Granite, MT; San Miguel, NM; Valencia, NM; Scott, TN; Alleghany, VA

Allowing broker contracts for hemp grain

Adjusting program, reporting and billing dates:

  • Sales closing, cancellation, production reporting and termination dates adjusted to match dates of similar crops
  • Acreage Reporting Dates adjusted based on regional final planting dates
  • Premium billing dates for all states changed to Aug. 15

For specific information on dates by county, see RMA’s Actuarial Information Browser

For more information on USDA risk management programs for hemp producers, visit farmers.gov/hemp.

RMA is authorizing additional flexibilities due to the coronavirus pandemic while continuing to support producers, working through Approved Insurance Providers (AIPs) to deliver services, including processing policies, claims, and agreements.

RMA staff are working with AIPs and other customers by phone, mail, and electronically to continue supporting crop insurance coverage for producers.

Farmers with crop insurance questions or needs should continue to contact their insurance agents about conducting business remotely (by telephone or email).

More information can be found at farmers.gov/coronavirus.

Crop insurance is sold and delivered solely through private insurance agents. A list of insurance agents is available online using the RMA Agent Locator. Learn more about crop insurance and the modern farm safety net at rma.usda.gov.

Multimedia

 




AFP

AFP

Have a guest column, letter to the editor, story idea or a news tip? Email editor Chris Graham at [email protected]. Subscribe to AFP podcasts on Apple PodcastsSpotifyPandora and YouTube.

Latest News

power grid electricity
State Politics

Shenandoah Valley Electric Cooperative planning to add to your bill

Waynesboro Public Library
Local

Waynesboro Public Library highlights benefits of having a library card

The Waynesboro Public Library has invited the community to celebrate Free 99 Library Card Sign-Up Month, with a schedule of activities bringing attention to the 99 free services, resources, programs and opportunities available through the library. Starting with: new library cardholders can enter the raffle with a chance to win a Kindle or an iPad. Every new card sign-up...

Blue Ridge Area Food Bank
Region/State

Blue Ridge Area Food Bank issues call to action for Hunger Action Month

The Blue Ridge Area Food Bank and its network of more than 300 partner pantries and program sites have distributed more than 27 million meals over the past year.

staunton
Local

Staunton: City adopts Flood Resilience Plan, opening up state, federal grant possibilities

smith mountain lake
State Politics

AG’s office gets racist former campground owner to pay out jury verdict

john mcguire insider trading
State Politics

John McGuire bought NVIDIA stock before NVIDIA made a $12.9 billion AI deal

uva soccer luke burns
UVA Olympic Sports

Soccer: Virginia controls ACC opener with Boston College, posts 2-0 win