Noninsured Crop Disaster Assistance Program Amended by Farm Bill
The Noninsured Crop Disaster Assistance Program (NAP) administered by USDA provides financial assistance to producers of noninsurable crops when low yields, loss of inventory, or prevented planting occur due to natural disasters. USDA has issued a notice on how the 2018 Farm Bill amended NAP. One significant factor is that there is an opportunity for buy-up coverage. USDA notes, “Because all 2019 application closing dates and some 2020 application closing dates for NAP crops passed before FSA announced the availability of buy-up coverage, producers can obtain buy-up coverage (or increase coverage level election to buy-up) for the 2019 and 2020 crop years retroactively.” This option will be available through the later of the crop’s application closing date or May 24, 2019.