facebook_pixel

USDA Implements Key Farm Bill Crop Insurance Provision

The U.S. Department of Agriculture (USDA) has implemented the new Supplemental Coverage Option (SCO) – one of the provisions of the 2014 Farm Bill – to help strengthen and expand insurance coverage options for farmers and ranchers.

The 2014 Farm Bill strengthens and expands crop insurance by providing more risk management options for farmers and ranchers and by making crop insurance more affordable for beginning farmers. SCO, which is administered by the Risk Management Agency (RMA) and will begin with the 2015 crop year, helps strengthen the farm safety net and protect producers from yield and market volatility.

“America’s agricultural producers work hard to produce a sufficient amount of safe and nutritious food for the country,” said Secretary Tom Vilsack. “It’s critical that they have crop insurance options to effectively manage risks and ensure that they do not lose everything due to events beyond their control.

“Following the 2014 Farm Bill signing, USDA has made it a priority to ensure the Supplemental Coverage Option was available to help farmers in this upcoming crop year.”

SCO will be available for cotton, corn, grain sorghum, rice, soybeans, spring barley, spring wheat, and winter wheat in selected counties for the 2015 crop year. RMA plans to make SCO more widely available by adding more counties and crops to the program, and those additions will be announced later this summer.

Producers planning to grow winter wheat should contact their crop insurance agents to discuss eligibility in time to sign up for coverage. Information on SCO for 2015 winter and spring wheat is available on the RMA website, including a map of the current coverage areas.

SCO is a county-level policy endorsement designed to supplement an underlying crop insurance policy, and covers a portion of losses not covered by that policy. Producers who elect to participate in Agricultural Risk Coverage (ARC), which is offered by the Farm Service Agency (FSA), are not eligible for SCO for the crop and farm participating in ARC.

The 2014 Farm Bill builds on historic economic gains in rural America over the past five years, while achieving meaningful reform and billions of dollars in savings for taxpayers. Since enactment, USDA is making significant progress in implementing each provision of the legislation.

 

Source – USDA

Topics: ,

Leave a Reply

News Stories
Product News

Seven New Varieties in Deltapine Class of 18

December 11, 2017

Seven new varieties – including five Bollgard 3 XtendFlex offerings – join the Deltapine product lineup as the Class of 18.

Product News

Special Roundup Ready PLUS Incentives for Arkansas

December 7, 2017

Monsanto is offering a special Roundup Ready PLUS Crop Management Solutions platform in Arkansas for 2018 for growers planting XtendFlex cotton and Roundup Ready 2 Xtend soybean varieties.

Product News

Monsanto Sets 2018 Crop Protection Incentives

December 5, 2017

Monsanto will provide multiple tools, resources and products to help cotton and soybean growers maximize weed control in 2018.

News

Drexel Names Specialty Products Manager

November 27, 2017

Aaron Winn has joined Drexel Chemical Company as Specialty Products Manager.

Product News

Praxidyn’s Mixmate Named a 2018 AE50 Award Winner

November 27, 2017

The American Society of Agricultural and Biological Engineers has recognized Praxidyn's Mixmate portable ag chemical blending and recordkeeping system with a 2018 AE50 award.

Product News

Bayer Looking for FiberMax One Ton Club Growers for 2017

November 16, 2017

Cotton growers who produce an average of 2,000 lb/A on 20 or more acres planted to FiberMax varieties in 2017 are eligible to be part of the 13th annual FiberMax One Ton Club.

News

Midwest, Western Farmers to Tour High Plains Cotton Operations

November 8, 2017

Thirteen Midwestern and Western farmers will visit cotton and other agricultural operations in West Texas November 12-16, as part of the National Cotton Council’s Multi-Commodity Education Program.

Around The Gin
Product News

Seven New Varieties in Deltapine Class of 18

December 11, 2017

Seven new varieties – including five Bollgard 3 XtendFlex offerings – join the Deltapine product lineup as the Class of 18.

Product News

Special Roundup Ready PLUS Incentives for Arkansas

December 7, 2017

Monsanto is offering a special Roundup Ready PLUS Crop Management Solutions platform in Arkansas for 2018 for growers planting XtendFlex cotton and Roundup Ready 2 Xtend soybean varieties.

Product News

Monsanto Sets 2018 Crop Protection Incentives

December 5, 2017

Monsanto will provide multiple tools, resources and products to help cotton and soybean growers maximize weed control in 2018.

Product News

Praxidyn’s Mixmate Named a 2018 AE50 Award Winner

November 27, 2017

The American Society of Agricultural and Biological Engineers has recognized Praxidyn's Mixmate portable ag chemical blending and recordkeeping system with a 2018 AE50 award.

Product News

Bayer Looking for FiberMax One Ton Club Growers for 2017

November 16, 2017

Cotton growers who produce an average of 2,000 lb/A on 20 or more acres planted to FiberMax varieties in 2017 are eligible to be part of the 13th annual FiberMax One Ton Club.

Product News

Monsanto Delays NemaStrike for Additional Review

November 2, 2017

After finding cases of skin irritation, Monsanto is pulling its nematode seed treatment NemaStrike for further product review.

Product News

Intrepid Trio: Naturally Balanced Nutrition in Every Granule

November 1, 2017

Intrepid Trio contains three essential nutrients for cotton plants.

Product News

Save Time, Increase Efficiencies with Mixmate

November 1, 2017

Mixmate from Praxidyn is a precision chemical mixing system for small farms to large enterprises.

Latest News
News

Comment Period Open for Low Gossypol Cotton

December 4, 2017

A petition seeking deregulation of a cotton variety genetically engineered to produce low levels of gossypol in its seed is now available for public comment from USDA’s Animal and Plant Health Inspection Service for 60 days, effective December 5.

News

Drexel Names Specialty Products Manager

November 27, 2017

Aaron Winn has joined Drexel Chemical Company as Specialty Products Manager.

News

Midwest, Western Farmers to Tour High Plains Cotton Operations

November 8, 2017

Thirteen Midwestern and Western farmers will visit cotton and other agricultural operations in West Texas November 12-16, as part of the National Cotton Council’s Multi-Commodity Education Program.

News

Beltwide Takes to the Sky

November 3, 2017

The 2018 Beltwide Cotton Conferences will focus on elevating efficiencies and managing risks – both from the ground and in the air.

News

Wrangler, TAWC Partner for Efficient Water Use in Cotton

October 27, 2017

Wrangler and The Texas Alliance for Water Conservation are partnering to promote best-in-class techniques and technologies for efficient water use among cotton growers.

News

Hurricane Ag Losses in Texas Total $200 Million

October 27, 2017

Hurricane Harvey caused more than $200 million in agricultural losses, according to Texas A&M AgriLife Extension economists, with half of the total losses coming from cotton.

News

BASF Agrees to Buy Bayer’s Liberty and Seed Businesses

October 13, 2017

BASF has agreed to acquire significant parts of Bayer’s seed and non-selective herbicide businesses, including Liberty herbicide and the Stoneville and FiberMax cotton seed brands.

News

Monsanto, Deltapine Support Hurricane Recovery for Texas Ag

October 10, 2017

Monsanto and Deltapine is donating $200,000 to assist with ongoing agricultural recovery efforts in Texas caused by Hurricane Harvey.

News

Registration Open for 2018 Beltwide Cotton Conferences

October 10, 2017

Registration is now open for the 2018 Beltwide Cotton Conferences set for January 3-5 in San Antonio, TX.

News

Getting Ready for 2017 Census of Agriculture

October 2, 2017

Farmers and ranchers across the nation will soon start receiving the 2017 Census of Agriculture.

News

USDA Sets 2018 Marketing Assistance Loan Rate

October 2, 2017

The marketing assistance loan rate for 2018-crop base quality upland cotton has been set at 52.00 cents per pound.

News

Gap Inc. Joins Cotton LEADS Sustainability Program

September 28, 2017

Gap Inc. is the newest member of Cotton LEADS, a joint Australian/U.S. program aimed to promote responsible cotton production practices.

News

Cotton Inc. Names First Chief Sustainability Officer

September 18, 2017

Dr. Jesse Daystar has been named Vice President and Chief Sustainability Officer for Cotton Incorporated.

News

Cotton Highlights from September WASDE Report

September 12, 2017

Higher U.S. production, exports and ending stocks are anticipated for cotton, based on the USDA WASDE report for September.

News

Texas High Plains Hoping for Bigger Cotton Crop

September 10, 2017

Weather forecasts are favorable for crop maturity and a higher crop potential in the Texas High Plains.