We hope you had a chance to see USDA’s Risk Management Agency (RMA) announcement today of the new Micro Farm insurance policy option for agricultural producers who sell locally. Please share this information with your constituencies.
WASHINGTON, Oct 6, 2021 – The U.S. Department of Agriculture (USDA) is rolling out a new insurance option specifically for agricultural producers with small farms who sell locally. The new Micro Farm policy simplifies record keeping and covers post-production costs like washing and value-added products.
USDA’s Risk Management Agency (RMA) created this new policy based on research directed by the 2018 Farm Bill, and it includes feedback from producers who grow for their local communities. The policy will be available beginning with the 2022 crop year.
“We are excited to offer this new coverage for producers who work to provide their communities with fresh and healthy food,” said RMA Acting Administrator Richard Flournoy. “USDA is focused on supporting local and regional food systems, and this new crop insurance policy is designed with this important sector of agriculture in mind.”
Read the full release here!