PM-25-029: Margin Coverage Option - Effective for the 2026 and Succeeding Crop Years
BACKGROUND:
The Federal Crop Insurance Corporation Board of Directors approved implementation of the Margin Coverage Option (MCO) program, under section 508(h) of the Federal Crop Insurance Act, on May 23, 2024.
MCO provides a band of insurance from 86 percent up to 95 percent of expected crop value to cover producers’ operating margins. MCO will be available as an endorsement for corn, cotton, grain sorghum, soybeans, rice, and spring wheat for the 2026 and succeeding crop years.