The Federal Crop Insurance Corporation (FCIC) announced the Pandemic Cover Crop Program (PCCP) for 2022. The program will function the same as PCCP for 2021 with the following changes:
- Cover crops planted after June 15, 2021 and cultivated over the summer for fall-planted insured crops now trigger the benefit.
- Whole-Farm Revenue Protection is now eligible for PCCP benefits in addition to any benefit applied to underlying policies.
- States that maintain their own cover crop program now include a supplemental, dollar-for-dollar Federal match in addition to any base PCCP eligibility. Therefore, a producer in a participating state may receive up to five dollars per acre in base PCCP, an amount established by the state, and an additional amount of PCCP equal to the amount established by the state.
To access Product Management Bulletin PM-22-014, click on the following hyperlink: https://rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2022/PM-22-014
Reading Underwriting: Strength in the Field Newsletter? Click here for the next article.
Vilsack Advocates for Struggling Farmers in 2023 Farm Bill, Lawmakers Focus on Safety NetMarch 20, 2023
Wisconsin Battles Milk Hauling RegulationMarch 20, 2023
Beef Markets Strong in First QuarterMarch 20, 2023
Black Sea Grain Agreement Reached, Details UnclearMarch 21, 2023
Rain Falls too Late to Salvage Argentinian Soybean CropMarch 21, 2023