Pro Ag Service and Insurance Agent Aaron Vipond is eager to see how the USDA implements the the 2020-2021 WHIP+ program. Based on what is already known about the new program, there could be issues for specialty crop growers with revenue protection policies. “The WHIP+ program formula was based on crop insurance spring prices from 2018 and 2019. In those years, this wasn’t a big issue, because spring prices were higher than fall prices. There was no real price change to the benefit. This year, fall prices are coming in higher in crops like wheat, dry edible beans and sunflowers. That could kick producers out of disaster payments, because they bought better insurance.” This concern was brought up during a roundtable discussion with Farm Service Agency Administrator Zach Ducheneaux on Tuesday. Ducheneaux will take that feedback back to the agency ahead of implementation.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.