News for a Positive Change in Organic Crop Insurance

ATTRA linked me to an article called Organic Crop Insurance Is Growing in New Ways! It is great news that RMA (Risk Management Agency) is changing its policies for 2014 organic crop growers. 

As of 2014, the following changes will be implemented:

1. Organic crop farmers will no longer be changed an additional 5% subcharge on premiums for their insurance. Their premiums will instead be based off of production history. 

2. There are new crop insurance opportunities specific to the type of organic crop. 

3. There will be a "Contact Price" option, which will be available to organic farmers who receive a contract price for their crop. This allows farmers under certain circumstances to base their crop insurance price on what they are receiving from their market contract. 

http://blogs.usda.gov/2014/02/04/organic-crop-insurance-is-growing-in-new-ways/