This project aims to increase understanding and participation in the federal crop insurance program and production business practices to manage farm risk and close the insurance risk gap for under-resourced farmers and ranchers. A team of former ag extension agents along with experts in legal, farming production, and crop insurance products will utilize the University of Arkansas Navigator program’s “Fundamentals of Federal Crop Insurance” curriculum along with webinars, fact sheets and in-person training to reduce the crop insurance participation barriers.
The Native Agriculture Financial Services (NAFS) will use existing relationships to prioritize training focused on regional policy selection, Tribal land legalities, program access and participation in crop insurance programs. The impact and result of this project will be that farmers and ranchers in the south are comfortable with their knowledge of crop insurance policies and know where to go to find an agent and participate in the federal crop insurance program. NAFS provides educational programming and technical assistance for:
- Covered and non-covered crops
- Understanding policy selections & eligibility including NAP, whole farm and livestock.
- Understanding the legalities of crop insurance on Tribal land.
- Understanding how to access and develop relationships with crop insurance agents
- Understanding price and coverage levels
- Written agreements where crop insurance is not available
- Business planning
- Record keeping for livestock, financial statements and using crop insurance in times of
- financial stress
- Food safety
- Transition, succession and estate planning
- Taxes appropriate for crop insurance participation
- How to work with lenders and crop insurance agents
Email NAFS expert advisors here with questions on crop insurance.
