Peanut Revenue Insurance Workshop

There will be a Peanut Revenue Insurance Workshop following the Georgia Peanut Farm Show, Thurs., Jan. 15, 2015, from 3:00 to 5:00 p.m. in the Small Auditorium at the University of Georgia Tifton Campus Conference Center. Representatives from the National Center for Peanut Competitiveness and AgriLogic will be on hand to provide key information on the program, new features on quality and replanting, and provide a comparison to the old program. The new peanut crop insurance program became available for the 2015 crop year. The program will enable peanut farmers for the first time to insure against a combination of both yield and price risk through a federally subsidized revenue-based crop insurance program for peanuts. AgriLogic Consulting, LLC in conjunction with the Georgia Peanut Commission and the Western Peanut Growers developed the new policy in cooperation with the United States Department of Agriculture (USDA) Risk Management Agency (RMA). With the new peanut crop insurance program, growers will have many more insurance options for their crop in 2015 and will be able to better manage risk in growing peanuts.