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On February 22, 2024, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Nursery Value Select (NVS) pilot crop insurance program to all states and counties beginning with the 2025 crop year.
Under NVS, there are two sets of program dates, depending on location:
Hurricane Ian has caused catastrophic damage in Florida, North Carolina, South Carolina, and Virginia. The Risk Management Agency (RMA), in conjunction with Approved Insurance Providers (AIPs), recognizes the need for authorizing emergency procedures to streamline determinations on specific crops and accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.
The Federal Crop Insurance Corporation (FCIC) amended the Forage Seeding Crop Provisions and Forage Production Crop Provisions for the 2021 and succeeding crop years with the following changes:
Forage Seeding
The Federal Crop Insurance Corporation revised the Hybrid Sweet Corn Seed Crop Provisions to clarify the definitions of hybrid sweet corn seed processor contract and amount of insurance per acre. The changes are applicable for the 2020 and succeeding crop years.
The Hybrid Sweet Corn Seed Crop Provisions (20-0093) will be available by close of business today on the RMA website at www.rma.usda.gov.
