College of Agriculture & Natural Resources

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Author: search.filters.author.Goeringer, PaulSubject: search.filters.subject.2014 Farm Bill

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    2014 Farm Bill Makes Changes to the Noninsured Crop Disaster Assistance Program
    (2015-09) Goeringer, Paul; Leathers, Howard
    The Noninsured Crop Disaster Assistance Program (NAP) was established in 1994 and administered by USDA’s Farm Service Agency (FSA). NAP is a risk management tool for those producers growing crops not currently covered by a crop insurance product. The 2014 Farm Bill reauthorized NAP and made some dramatic changes to the program. NAP now offers coverage from the 50-percent level to the 65-percent level with producers able to buy-up coverage in 5-percent increments at up to 100 percent of the established market price. Prior to the 2014 Farm Bill, NAP had only allowed coverage at the 50-percent level and 55 percent of the established market price of the crop.
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    Commodity Program Choices by Maryland Farmers under the 2014 Farm Bill
    (2015-07) Leathers, Howard; Goeringer, Paul
    Quick overview of which programs Maryland farmers signed up for with the 2014 Farm Bill.
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    Supplemental Coverage Option Now a Part of the Federal Crop Insurance Program
    (2015-01) Goeringer, Paul; Leathers, Howard
    The 2014 Farm Bill created Supplemental Coverage Option (SCO), a new add-on crop insurance option which provides supplemental coverage on a producer’s underlying crop insurance policy. SCO operates by mimicking a producer’s individual crop insurance coverage and increasing the protection to 86 percent of the producer’s actual production history (APH) yield and price election. An SCO loss payment occurs when the actual current year county yield (or revenue) is less than 86% of expected county yield (or revenue) at the time of planting. SCO became available with the 2015 crop year in select Maryland counties for winter wheat, and all corn and soybean counties except Allegany and Garrett. USDA’s Risk Management Agency (RMA) will begin looking at expanding covered counties and crops covered, and begin distinguishing by practices (such as irrigated compared to non-irrigated).