The U.S. Department of Agriculture has announced a pilot program to provide crop
insurance for camelina in selected counties in Montana and North Dakota beginning with the 2012 crop year.
Oil from crushed camelina seeds can be converted into biofuel.
Only spring-planted camelina grown under contract with a processor will be eligible for coverage against damage from adverse weather, fire, wildlife, earthquake, volcanic eruption and insect and plant disease. The crops will not be covered against insufficient or improper application of pest or disease control measures.
The deadline to purchase the insurance is Feb. 1, 2012.
Montana Sen. Jon Tester included the initiative in the most recent Farm Bill.
In Montana, the new camelina insurance pilot program will be available through the USDA’s Risk Management Agency to farmers in the following counties: Big Horn, Blaine, Broadwater, Carbon, Carter, Cascade, Chouteau, Custer, Daniels, Dawson, Fallon,
Fergus, Garfield, Glacier, Golden Valley, Hill, Judith Basin, Lewis and Clark, Liberty, McCone, Meagher, Musselshell, Park, Petroleum, Phillips, Pondera, Powder River, Prairie, Richland, Roosevelt, Rosebud, Sheridan, Stillwater, Sweet Grass, Teton, Toole, Treasure, Valley, Wheatland, Wibaux and Yellowstone.
Topics Agribusiness
Was this article valuable?
Here are more articles you may enjoy.
Fire Destroys Miami Heat Coach’s $6.5M Home in Coral Gables 
Bipartisan Legislation Introduced to Retroactively Restore NFIP 
70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report 
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States 
