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USDA introduces new insurance policies for farmers who sell locally

USDA introduces new insurance policies for farmers who sell locally

Insurance
WASHINGTON - The U.S. Department of Agriculture is introducing new insurance options, especially for agricultural growers who sell local produce, including small farms. The new microfarm policy simplifies record keeping and includes post-production costs such as washing and value-added products. The USDA's Risk Management Agency has developed this new policy based on research based on the 2018 Farm Bill and includes feedback from growing growers for their local community. The policy will be available from the crop year of 2022. RMA Acting Administrator Richard Flournoy said, “We look forward to offering this new coverage to producers who work to provide fresh and healthy food to their community. "The USDA's focus is on supporting local and regional food systems, and this new crop in...