ABSTRACT

Federal Crop Insurance: Specialty Crops [Updated January 14, 2019]   [open pdf - 1MB]

From the Document: "The federal crop insurance program offers subsidized crop insurance policies to farmers. Historically, the federal crop insurance program has covered primarily traditional field crops such as wheat, corn, and soybeans. In contrast, specialty crops--covering fruits, vegetables, tree nuts, and nursery crops--have not been a major part of the federal crop insurance program. However, legislative changes, coupled with ongoing administrative efforts by the U.S. Department of Agriculture (USDA), have expanded federal crop insurance coverage for specialty crops, and they now account for a small but growing number of federal crop insurance policies bought by farmers. Over the past few decades, total specialty crop insured liabilities rose from nearly $1 billion in 1989 to nearly $18.5 billion in 2017. Federal crop insurance policies currently cover around 38 specialty crop categories, which include roughly 80 types of fruits, vegetables, tree nuts, and nursery crops. [...] This report focuses on how specialty crops are covered under the federal crop insurance program."

Report Number:
CRS Report for Congress, R45459
Author:
Publisher:
Date:
2019-01-14
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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