12/11/2017

Risk Management Agency Extends Coverage to New York Counties

MPCI Soybean coverage extended to Albany, Broome, Greene, Rensselaer, Saratoga, Schenectady and Ulster

Farm Credit East is pleased the Risk Management Agency (RMA) has announced the extension of Multi-Peril Crop Insurance (MPCI) coverage to soybean producers in the New York counties of Albany, Broome, Greene, Rensselaer, Saratoga, Schenectady and Ulster.

Soybean acres planted in New York State have increased 62 percent over the past 10 years, from 205,000 acres in 2007 to 330,000 acres in recent years. This increase demonstrates the ability of farmers to successfully produce high quality soybeans.

“This extension of coverage expands the federal crop insurance program’s safety net for these New York farmers, allowing producers to either expand their current risk management plan or develop a plan that includes crop insurance,” commented Jeremy Forrett, vice president for Crop Growers, LLP.

The last date to purchase or change coverage for the 2018 crop year is March 15, 2018. To find out more about crop insurance, contact your local Farm Credit branch office or call the Northeast Customer Service Center at (800) 234-7012.

Crop Growers, LLP is an equal opportunity provider.

###