USDA’s Farm Service Agency (FSA) has announced that higher levels of coverage will be offered through the Non-insured Crop Disaster Assistance Program (NAP) through May 24, 2019. Producers can obtain buy-up coverage for 2019 or 2020 eligible crops for which the NAP application closing date has passed.
The 2018 Farm Bill reinstates higher levels of coverage, from 50 to 65% of expected production in 5% increments, at 100% of the average market price.
Producers of organics and crops marketed directly to consumers also may use the buy-up option to obtain NAP coverage of 100% of the average market price at the coverage levels of between 50 and 65% of expected production. NAP basic coverage is available at 55% of the average market price for crop losses that exceed 50% of expected production.
NAP provides financial assistance to producers of non-insurable crops when low yields, loss of inventory, or prevented planting occur due to natural disasters. Buy-up coverage is not available for crops intended for grazing.
Under the 2018 Farm Bill, qualified military veterans are eligible for a NAP service fee waiver and premium reduction when they file form CCC-860, “Socially Disadvantaged, Limited Resource and Beginning Farmers or Rancher Certification.”