Risk Management Agency announces more options for farmers who elected the Supplemental Coverage Option or Actual Production History Yield Exclusion

[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]Risk Management Agency announces more options for farmers who elected the Supplemental Coverage Option or Actual Production History Yield Exclusion[/title][fusion_text]Friday, June 12th 2015

USDA’s Risk Management Agency (RMA) today announced more options for farmers who elected the Supplemental Coverage Option (SCO) or Actual Production History (APH) Yield Exclusion in their crop insurance plans. In an effort to provide relief to farmers affected by severe weather, including drought and excess moisture, the agency is making the programs available for more crops. Both SCO and APH Yield Exclusion were implemented through the 2014 Farm Bill. The APH Yield Exclusion allows farmers with qualifying crops in eligible counties to exclude low yields in exceptionally bad years (such as a year in which a natural disaster or other extreme weather occurs) from their production history when calculating yields used to establish their crop insurance coverage. RMA announced that alfalfa seed, cultivated wild rice, dry peas, forage production, oats, onions, rye and winter wheat are eligible in certain counties for APHY Yield Exclusion in the 2016 crop year. These are in addition to barley, canola, corn, cotton, grain sorghum, peanuts, popcorn, rice, soybeans, sunflowers and spring wheat, which were offered beginning in the 2015 crop year. SCO, a county-level policy endorsement that covers a portion of the deductible of the underlying crop insurance policy, will now be available for alfalfa seed, canola, cultivated wild rice, dry peas, forage production, grass seed, mint, oats, onions, potatoes and rye in select counties for the 2016 crop year. It will also be expanded to additional counties for barley and winter wheat. SCO was first made available for the 2015 crop year for barley, corn, soybeans, cotton, cottonseed, rice, sorghum and wheat.

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