The Federal Crop Insurance Corporation Board of Directors have approved the following changes to the Pecan Tree crop insurance program under section 508(h) of the Federal Crop Insurance Act for the 2023 and succeeding crop years:
- Removed drought as a cause of loss for Alabama, Florida, Georgia, Louisiana, Mississippi, and South Carolina.
- Removed “native” for the type of trees in states where pecan trees do not grow naturally.
- Reduced the number of pecan tree improved variety group types from three to two and the number of growth stages available that are used for pricing from five to three.
- Removed organic practices and the restoration method choices used to calculate liability and premium.
- Modified pricing to offer separate tree reference prices for irrigated and non-irrigated practices.
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