To learn about crop insurance options, producers should contact a local insurance agent near them. Under both programs, hemp will be insurable if grown in containers and in accordance with federal regulations, any applicable state or tribal laws, and terms of the crop insurance policy. Additionally, hemp does not qualify for replant payments or prevented plant payments.īeginning with the 2021 crop year, hemp will be insurable under the Nursery crop insurance program and the Nursery Value Select pilot crop insurance program. Crop insurance provisions state that hemp having THC above the 0.3 compliance level does not constitute an insurable cause of loss. Producers can now purchase coverage if they have a contract for the purchase of the insured hemp and meet all applicable state, tribal, and federal regulations. Information on eligible counties is accessible through the USDA Risk Management Agency’s Actuarial Information Browser. Read more in the Nov. The pilot insurance program provides Actual Production History coverage for eligible producers in certain counties in Alabama, Arizona, Arkansas, California, Colorado, Illinois, Indiana, Kansas, Kentucky, Maine, Michigan, Minnesota, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia, and Wisconsin.
Meanwhile, coverage through Multi-Peril Crop Insurance, or MPCI, is available to producers in certain counties.