Reports released outlining improvements to crop insurance programs for organic crops
The U.S. Department of Agriculture Risk Management Agency (RMA) said Monday that it will offer an organic price election for four crops during the 2011 production year. In conjunction with that decision, RMA released three reports that provide the framework for improvements to crop insurance programs that are available to producers of certified organic crops.
RMA is preparing to issue organic price elections for the 2011 crop year for cotton, corn and soybeans, as well as processing tomatoes.
The reports issued by RMA compile research into data that support a price election for organic crops. RMA also is eliminating a current 5 percent surcharge for organic crops insured under ten crop insurance programs.