USDA Announces Expansion and Improvements to Hemp Crop Insurance
USDA Announces Expansion and Improvements to Hemp Crop Insurance
The U.S. Department of Agriculture announced today (Nov. 30th) it is expanding the pilot Multi-Peril Crop Insurance Plan for hemp. The expansion, as well as other improvements to the plan, will begin in the 2021 crop year. Improvements include: Sales closing, cancellation, production reporting and termination dates that have been adjusted to match dates of similar crops; Acreage Reporting Dates have been adjusted based on regional final planting dates; and Premium billing dates for all states have been changed to August 15th.
For More Information: The USDA News Release
For questions regarding the above information, please contact our Crop Insurance Education Program Manager: Chris Howard at: christina.howard@maine.edu or at 207.570.2868.
USDA and the University of Maine are equal opportunity employers and providers.This material is based upon work supported by USDA/NIFA under Award Number 2018-70027-28584.
