August 22, 2022

Press Releases

Risk Management Agency Expands Crop Insurance Programs for New Jersey Apple, Grape and Peach Growers

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CORTLAND, N.Y. — Farm Credit East is pleased the Risk Management Agency (RMA) has approved the expansion of several crop insurance programs for New Jersey growers for the 2023 crop year. Apple crop insurance has been expanded to Morris, Ocean, Somerset and Sussex counties; grape crop insurance has been expanded to Ocean, Salem, Sussex and Warren counties; and peach crop insurance has been expanded to Mercer, Monmouth, Ocean and Sussex counties.

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

Grace Wheeler, senior marketing agent for Crop Growers, LLP, commented, “The expansion of the apple, peach and grape policies in New Jersey gives growers the opportunity to choose what is best for their personal farm operations, which is a positive change.”

Caleb Orr, crop insurance specialist for Crop Growers, LLP, added, “I am excited about the approved program expansions. Producers should be given all options when choosing how they are going to manage risk on their farms, and these expansions allow just that.”

RMA serves America’s agricultural producers through effective, market-based risk management tools that strengthen the economic stability of agricultural producers and rural communities. RMA is committed to increasing the availability and effectiveness of Federal crop insurance as a risk management tool. RMA manages the Federal Crop Insurance Corporation (FCIC) to provide innovative crop insurance products to America’s farmers and ranchers. 

The last date to purchase or change coverage for the 2023 crop year is November 20, 2022. To find out more about crop insurance, visit CropGrowers.com, contact your local Farm Credit branch office or call the Northeast Customer Service Center at (800) 234-7012.

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Farm Credit East is a member-owned cooperative with 25 locations in its eight-state service area. In addition to loans and leases, the organization also offers a full range of specialized financial services, such as tax preparation, payroll, record keeping, appraisal and consulting for farming, forest products and commercial fishing businesses. Farm Credit East is governed by a 19-person board of directors, comprised of 15 customer-elected, two customer appointed and two outside appointed directors. For more information, visit FarmCreditEast.com.

Crop Growers, LLP is owned by Farm Credit East and Horizon Farm Credit. Over the past 20 years, Crop Growers, LLP has developed risk management plans for northeast farmers that have responded to weather and market related crop losses by paying indemnities in excess of $500 million. To find out more about crop insurance, visit CropGrowers.com, contact your local Farm Credit branch office or our Northeast Customer Service Center at (800) 234-7012.

Crop Growers, LLP is an equal opportunity provider.

 

Tags: apple, crop insurance, fruit