USDA’s Risk Management Agency has announced a new crop insurance option for hemp growers. The pilot insurance program will provide Actual Production History (APH) coverage for eligible producers in part or all of 21 hemp growing states including Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Tennessee and Wisconsin.
The multi-peril coverage is
for hemp grown for fiber, grain, or CBD oil during the 2020 crop year, and is
in addition to Whole-Farm Revenue Protection coverage announced earlier.
Continue reading USDA begins multi-peril hemp insurance pilot program at Brownfield Ag News.
