RMA Strengthens Insurance

RMA Strengthens Insurance

David Sparks Ph.D.
David Sparks Ph.D.
RMA Strengthens Insurance Policies Including Dry Beans, Dry Peas and Wheat

 

Updated Policy Also Benefits Veteran Farm Families and Organic Producers

 

The U.S. Department of Agriculture (USDA) is making improvements to crop insurance to better enable agricultural producers to manage risk on their operations.  Specifically, USDA’s Risk Management Agency (RMA) is adding new options for producers of dry beans, dry peas, and small grains, such as wheat, as well as making other adjustments that make crop insurance more accessible for organic producers and veteran farm families.

 

RMA is making these changes through three Final Rules, which posted this month on the Federal Register.

 

“RMA is focused on how we can make crop insurance a better risk management tool for producers,” said RMA Acting Administrator Richard Flournoy.  “This month, we’re rolling out a suite of updates based on feedback from producers and agricultural organizations that strengthen coverage options and increase consistency, clarity, and flexibility. These updates will benefit producers of dry beans, dry peas, and small grains, veteran farm families, and organic producers in the certification process.

Previous ReportLand Prices Higher
Next ReportWild Horse ecology