USDA expands Margin Protection insurance to all corn and soybean growing counties

USDA expands Margin Protection insurance to all corn and soybean growing counties

The USDA is expanding the eligibility of margin protection insurance for corn and soybeans by more than 1,000 counties.

Risk Management Agency Administrator Marcia Bunger tells Brownfield the program, which provides coverage against an unexpected decrease in operating margins, will be available in all counties where corn and soybeans are traditionally grown.

“This will expand Margin Protection to 34 states and 2,066 counties for soybeans and to all of the lower 48 states for corn.”

That is an additional 1,255 counties for soybeans and 1,729 counties for corn.

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