USDA expands hemp insurance

The Agriculture Department’s Risk Management Agency announced today it is expanding the pilot Multi-Peril Crop Insurance plan for hemp. Reports The Fence Post

The expansion, as well as other improvements to the plan, will begin in the 2021 crop year.

“We are pleased to expand the hemp program and make other improvements for hemp producers,” said Risk Management Agency Administrator Martin Barbre. “Hemp offers exciting economic opportunities for our nation’s farmers, and we are listening and responding to their risk management needs.”

Read full story. https://www.thefencepost.com/news/usda-expands-hemp-insurance/

Full Press Release

USDA Announces Expansion Other Improvements to Hemp Crop Insurance (1)

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