USDA to Host Workshops on Nursery Insurance Program

Daniel CooperInsurance, nursery


The U.S. Department of Agriculture (USDA) has expanded its Nursery Value Select (NVS) crop insurance program to all counties in all states. The USDA Risk Management Agency (RMA) is encouraging interested nursery producers to learn more about the program through upcoming informational workshops. There are three NVS workshops — two on April 18 and one on July 18. Get the workshop details here.

These sessions will be valuable for producers in the newly expanded areas and especially for the Nursery Field Grown and Container (FG&C) crop insurance program, which ends beginning with the 2026 crop year.

NVS is a pilot program that enables nursery producers to select the dollar amount of coverage that best fits their risk management needs. Its expansion is part of RMA’s efforts to provide insurance options for a broader group of producers, including specialty crop producers.

RMA has administered the Nursery FG&C crop insurance program for nearly 30 years. However, the program relies on a partnership between RMA and a private contractor to update and maintain the Eligible Plant List and Plant Price Schedule and associated software packages. The private contractor will be closing after providing all necessary contractual obligations for the 2025 crop year. Without access to the price schedule and associated software, the Nursery FG&C program will no longer be available to nursery producers beginning with the 2026 crop year.

NVS will be able to offer comparable but improved risk management options for those who currently have coverage with the Nursery FG&C program. RMA’s informational workshops offer a valuable opportunity to learn more about NVS and any required transitions.

Prior to the expansion, NVS was only available in select counties in Alabama, Colorado, Florida, Michigan, New Jersey, Oregon, Tennessee, Texas and Washington. Beginning with the 2025 crop year, NVS will be available in all counties in all states. The sales closing date for the 2025 crop year is May 1, 2024, or Sept. 1, 2024, as provided in the actuarial documents.

Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator. Producers can learn more about crop insurance and the modern farm safety net here or by contacting their RMA regional office.

Source: USDA Farm Service Agency

Share this Post

Sponsored Content