The United States Department of Agriculture (USDA) is improving crop insurance for hemp in response to producer feedback. The USDA’s Risk Management Agency (RMA) is strengthening the hemp crop insurance policy by allowing producers to work more freely with processors and by improving consistency with the most recent USDA hemp regulation. “We are working with… Continue reading USDA Strengthening Crop Insurance for Hemp Producers
Tag: USDA
The $213 Billion Meatpacking Industry Faces New Government Rules, Legislation
The American meatpacking industry faces stricter oversight in Washington, as lawmakers and regulators push an overhaul of the $213 billion sector following complaints about meat companies’ alleged influence over markets and farmers. The U.S. Department of Agriculture is crafting new rules that would change how companies such as Tyson Foods Inc. and Pilgrim’s Pride Corp.… Continue reading The $213 Billion Meatpacking Industry Faces New Government Rules, Legislation
USDA Improves Livestock Crop Insurance Policies with New Options
The U.S. Department of Agriculture is updating livestock insurance policies to improve options for producers and to create additional opportunities for producers to participate. USDA’s Risk Management Agency’s (RMA) updates to the Dairy Revenue Protection (DRP) and Livestock Gross Margin (LGM) policies will be effective for the 2022 and succeeding crop years. “We are always… Continue reading USDA Improves Livestock Crop Insurance Policies with New Options
USDA Announces Details of Risk Management Programs for Hemp Producers
The U.S. Department of Agriculture (USDA) announced the availability of two programs that protect hemp producers’ crops from natural disasters. A pilot hemp insurance program through Multi-Peril Crop Insurance (MPCI) provides coverage against loss of yield because of insurable causes of loss for hemp grown for fiber, grain or Cannabidiol (CBD) oil and the Noninsured… Continue reading USDA Announces Details of Risk Management Programs for Hemp Producers
USDA Grants Second Delay in Crop Insurance Premium Due Dates
To help farmers whose cash flow suffers from a long and late harvest this year, the USDA announced this week that most growers will now have until January 31 to make interest-free crop insurance premium payments on spring-planted crops. That’s well beyond the normal date of October 1 when payments due on September 30 start… Continue reading USDA Grants Second Delay in Crop Insurance Premium Due Dates