Image Source: Adrian Cable via Wikimedia Commons
December 23, 2019
Hemp farmers in 21 states will be eligible for a new crop insurance pilot program starting next year, the U.S. Department of Agriculture (USDA) announced on Monday.
The program will provide Actual Production History coverage, which insures farmers against yield losses associated with natural causes like drought and disease.
Only those who’ve cultivated hemp in accordance with a 2014 Farm Bill pilot program or federal regulations laid out in USDA’s interim final rule in October qualify. They must also have grown hemp for at least one year.
