Ag News
Ossoff joins bill to expand rop insurance for new farmers
Posted on Sep 12, 2024 at 6:09 AM
On Sept. 4, Sen. Jon Ossoff (D-Ga.) launched a push to pass S.2458, the Crop Insurance for Future Farmers Act of 2023, legislation he co-sponsored to strengthen access to crop insurance and to lower premiums for beginning farmers.
The bipartisan bill, originally sponsored by Amy Klobuchar (D-Minn.), would extend beginning farmers’ eligibility for federally subsidized insurance through the Federal Crop Insurance Corporation (FCIC) from the first 5 years of operating a farm or ranch to the first 10 years. The bill would also increase premium subsidies in the first 5 years of operation, making it easier for young farmers to grow their businesses.
“Georgia’s family farms are essential to America’s food security. Georgia needs more young farmers to sustain and grow Georgia agriculture. That’s why I’m working to unite Republicans and Democrats behind this bipartisan bill that would strengthen insurance options for new farmers,” Ossoff said.
According to a February report by the USDA, there are 23,085 Georgia farmers with 10 or fewer years of experience.
Click here to read the Crop Insurance for Future Farmers Act of 2023.
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