Details of Risk Management Programs for Hemp Producers Announced

Web AdminHemp, Industry News Release

(USDA) — The U.S. Department of Agriculture (USDA) announced the availability of two programs that protect hemp producers’ crops from natural disasters. A pilot hemp insurance program through Multi-Peril Crop Insurance (MPCI) provides coverage against loss of yield because of insurable causes of loss for hemp grown for fiber, grain or cannabidiol (CBD) oil, and the Noninsured Crop Disaster Assistance …