News

News

Risk Management Agency Extends Coverage to New York Counties

MPCI Processing Bean coverage extended to Onondaga, Oswego and Madison; Cabbage policy extended to Genesee and Niagara

Farm Credit East is pleased the Risk Management Agency (RMA) has announced the extension of Multi-Peril Crop Insurance (MPCI) coverage to processing bean producers in the New York counties of Onondaga, Oswego and Madison. Additionally, RMA will expand the Cabbage crop insurance policy to Genesee and Niagara counties, N.Y.

“This extension of coverage expands the federal crop insurance program’s safety net for these New York farmers, allowing producers to either expand their current risk management plan or develop a plan that includes crop insurance,” commented Jeremy Forrett, vice president for Crop Growers, LLP.

Increased consumer demand for processing beans has led to a near doubling of processing beans acreage in both Onondaga and Madison counties over the past two years. The MPCI program will offer producers in these counties access to the same risk management tools as those in the adjacent counties.

The RMA decided to extend cabbage policy coverage following farm tours that took place this summer on Western New York farms impacted by drought conditions.

The last date to purchase or change coverage for the 2017 crop year is March 15, 2017. To find out more about crop insurance, visit CropGrowers.com, contact your local Farm Credit branch office or call our Northeast Customer Service Center at (800) 234-7012.

###

For more information:
Contact: Kristie Schmitt
Telephone: 800.562.2235
Email: Kristie.Schmitt@FarmCreditEast.com