Crop insurance is critical to the success of a farm business in the current economy. On Thursday, USDA announced changes to its crop insurance program to provide more flexibility for farmers who rely heavily on crop insurance payments when natural disasters such as floods or drought occur.
"We are constantly looking for ways to meet the needs of our farmers and seek out their feedback so we can best provide them with the tools and resources they need to grow and support their operations," said Michael Scuse, acting deputy Secretary of Agriculture Thursday during the announcement. "After receiving input from a number of stakeholders, we made these changes to the federal crop insurance program to provide greater flexibility and better reflect current agricultural practices."
The ability to modify coverage as needed to adequately accommodate growing two crops on one field in the same year will be available for most crops in the 2017 growing season. USDA officials say the program will kick off with winter wheat. According to USDA’s Risk Management Agency (RMA), this change comes after scores of requests from farmers for a revised program. Officials say the program revisions also provide more flexibility for farmers that add land to their operations.