The US Department of Agriculture announced last week that new added protections are available for fruit, vegetable and specialty crop growers under the Noninsured Crop Disaster Assistance Program. The new options were built into the 2014 Farm Bill and are meant to specifically address natural disasters that impact specialty crops.
The USDA’s press release further explained:
“Previously, the program offered coverage at 55 percent of the average market price for crop losses that exceed 50 percent of expected production. Producers can now choose higher levels of coverage, up to 65 percent of their expected production at 100 percent of the average market price.”
To learn more about the program, you can visit this Web tool created by the USDA in partnership with Michigan State University and the University of Illinois.