Home > News > Pecan Tree Crop Provision Changes

Pecan Tree Crop Provision Changes

Posted February 18, 2022
in Crop Insurance

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.

Subscribe

Be among the first to learn about the ever-changing crop insurance industry by subscribing to the ProAgMessaging system.
Subscribe

Featured

  1. Tips for Mitigating Heat Stress in Cattle
    June 23, 2022
  2. Experts Weigh If It’s Time to Cash In On Abnormally High Basis Prices
    June 27, 2022
  3. Flash Droughts Possible Amidst High Heat, No Rain
    June 27, 2022
  4. Farmers Face Record Chemical Shortages, Are Using Alternative Methods
    June 28, 2022
  5. Summer Berries to be Plentiful, High Quality Despite Adverse Weather
    June 24, 2022