For the second 12 months in a row, farmers who plant cowl crops are eligible for a premium advantage of $5 an acre on most crop insurance coverage insurance policies, mentioned the USDA’s Danger Administration Company on Thursday. Producers obtained $59.5 million in premium subsidies on 12.2 million acres of canopy crops final 12 months.
“Producers use cowl crops to enhance soil well being and achieve different agronomic advantages, and this program will cut back producers’ total premium invoice to assist guarantee producers can proceed this climate-smart agricultural follow,” mentioned RMA administrator Marcia Bunger.
To obtain the premium profit, farmers should report their cowl crop acreage to their insurer and the USDA by March 15. The USDA mentioned the premium profit dovetails with different initiatives for climate-smart practices.
Supply: Successful Farming