USDA Releases Resources for Risk Management

Rrma-logo-USDA’ s Risk Management Agency announced program details in regards to relief for farmers affected by severe weather, including drought. Information made available includes eligible crops, crop years, and counties where producers are eligible to exclude certain yields under the Actual Production History (APH) Yield Exclusion, a fact sheet, and a list of frequently asked questions. The APH Yield Exclusion will be available in the actuarial documents beginning in the 2015 crop year for spring planted corn, soybeans, wheat, cotton, grain sorghum, rice, barley, canola, sunflowers, peanuts, and popcorn.

 

It will allow eligible producers who have been hit with severe weather to receive a higher approved yield on their insurance policies through the federal crop insurance program. RMA Administrator Brandon Willis said “the resources made available will help eligible producers get the most benefit out of the new protections created in the 2014 Farm Bill.”

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