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Crop Insurance Changes Improve Options

USDA Risk Management Agency announced changes to several crop insurance policies improving options for producers, including introducing a new Quality Loss Option, a new unit structure assignment option for Enterprise Units (EU), and new procedures for Multi-County Enterprise Units (MCEU). Specifically, the new Quality Loss Option allows producers to replace post-quality production amounts in their Actual Production History (APH) databases with pre-quality production amounts, thereby increasing their actual yields for individual crop years. The changes regarding the Quality Loss Option and EUs are further described in a final rule available on the Federal Register. Interested parties may comment on the rule for 60 days; the deadline for submitting comments is August 28, 2020. The final rule also outlines additional changes to premium offsets, Administrator reinstatement, notice of loss, double cropping requirements, prevented planting and units.