RMA Announces Changes to Industrial Hemp Insurance Policies
Hemp producers across the country have insured more than 12-thousand acres this year under 59 policies to protect almost $11 million in liabilities.
Hemp producers across the country have insured more than 12-thousand acres this year under 59 policies to protect almost $11 million in liabilities.
Corn farmers who “split apply” nitrogen will soon have another option for insurance coverage.
Another major deadline is approaching for row-crop producers, according to USDA, as those who have not yet completed their crop acreage reports after planting should make an appointment with the local Farm Service Agency soon.
USDA wrapped up an unexpected gift for some farmers on Tuesday by announcing a premium benefit to producers of crop insurance policies who planted cover crops this year.
USDA has announced updates to two popular livestock insurance policies in an effort to improve options and create additional opportunities for producers to participate.
New spring crop insurance prices for corn, cotton, and soybeans are at the highest levels in at least eight years, according to the American Farm Bureau Federation.
According to the Risk Management Agency, the changes include increasing livestock head limits for feeder and fed cattle to 6,000 per endorsement, or 12,000 annually.
The Risk Management Agency has announced improvements to prevented planting coverage and to the beginning and veteran farmer and rancher program.
As portions of the country slip further into drought, one approaching deadline is important for landowners and cattlemen.
The USDA is providing policyholders additional time to pay premium and administrative fees and to waive accrual of interest.