Center for Agricultural & Natural Resource Policy

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Subject: search.filters.subject.Crop Insurance

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Now showing 1 - 7 of 7
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    New Crop Insurance Option for Diversified Operations: Whole Farm Revenue Protection
    (2015-02) Goeringer, Paul; Leathers, Howard
    The 2014 Farm Bill authorized USDA’s Risk Management Agency (RMA) to develop a new type of revenue insurance product, Whole-Farm Revenue Protection (WFRP). WFRP provides a risk management tool for all commodities on farms with up to $8.5 million in insured revenue. WFRP is not intended for one specific crop, like corn, wheat, or soybeans like traditional revenue and yield insurance products, but is intended to cover all crops and livestock grown on a farm. This new product will replace the Adjusted Gross Revenue (AGR) and Adjusted Gross Revenue-Lite policies.
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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).
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    Using Farm Bill Programs The “Sum of the Parts” = Protection for Your Farm
    (2014-09) Gantz, Gene
    This presentation was presented as a part of the 2014 Delaware and Maryland Crop Insurance Workshop.
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    ARC/ PLC and SCO 2015 Risk Management Decisions
    (2014-09) Frerichs, Stephen
    This presentation was presented as a part of the 2014 Delaware and Maryland Crop Insurance Workshop.
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    Trend-Adjusted Yield Option Introduced for Crop Insurance
    (2014-08) Goeringer, Paul
    Fact sheet has been updated to reflect wheat trend adjustments for 2015 crop year.
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    Farm Bill Decision Making: Supplemental Coverage Option
    (2014-08) Connelly, Steve
    This presentation provides an overview of the Supplemental Coverage Option (SCO) that is apart of the Price Loss Coverage program in the 2014 Farm Bill
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    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.