USDA has just announced three ways to help farmers and ranchers during the COVID-19 crisis.
- CRP: More than 3.4 million acres selected for the general signup Conservation Reserve Program. Through CRP, farmers and ranchers receive an annual rental payment for establishing long-term, resource-conserving plant species, such as approved grasses or trees, to control soil erosion, improve water quality and enhance wildlife habitat on cropland. For more details on how to apply, click here.
- FSA has made changes to farm loan, disaster, conservation and safety net programs to make it easier for customers to conduct business. This includes relaxing the farm loan-making process, servicing direct loans, and servicing guaranteed loans. Click here for more information.
- RMA: The Risk Management Agency is authorizing additional flexibilities due to coronavirus while continuing to support producers, working through Approved Insurance Providers (AIPs) to deliver services, including processing policies, claims and agreements. These flexibilities include: enabling producers to send notifications and reports electronically, extending the date for production reports and providing additional time and deferring interest on premium and other payments. Click here for more details.