Back Print

Crop insurance benefits are available to military veteran farmers

Posted: Sun, Jun 2, 2019 3:08 PM

The Winneshiek County Veterans Affairs office is passing along word that there are new benefits available to military veterans with farms or ranches who are seeking federal crop insurance coverage.

The USDA's Risk Management Agency is announcing that for veterans seeking crop insurance, the 2018 Farm Bill provides an exemption from paying the administrative fee for catastrophic and additional coverage policies; an additional 10 percent premium subsidy for additional coverage policies that have premium subsidy; the ability to use another person's production history for the specific acreage transferred to veterans who previously
were involved in the decision making or physical activities of crop production on the acreage; and an increase in yield adjustment, from 60 to 80 percent of the applicable transitional yield.