Center for Agricultural & Natural Resource Policy

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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).
Risk Management Implications of the 2014 Farm Bill
(2014-08-12) Goeringer, Paul
Gives an overview of the risk management decisions that producers will need to consider as a part of the 2014 farm bill. Presentation was given around Maryland in August of 2014.