USDA’s Federal Crop Insurance Corporation (FCIC) published a new rule for crop insurance late last year, the Expanding Access to Risk Protection (EARP) rule that eliminates buy-up coverage for prevented planting policies. The rule proposes to:
Increase premium subsidies from 5 to 10 crop years that a producer can qualify for under beginning farmer and rancher benefits, with subsidies of 15 percent for the first two years, 13 percent for the third year, 11 percent for the fourth year, and 10 percent for years 5 through 10. Allow options for direct-marketed tomatoes and peppers beginning with the 2027 crop year. This change reflects how specialty crop growers in the Northeastern states conduct business and has been a frequent request f...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
