Crop insurance coverage provider AgriLogic has been gathering information from hemp growers and processors across the United States though it develops a federal yield-primarily based insurance coverage system for hemp crops on behalf of the USDA.
Information collected from producers is anticipated to supply a stronger and much more robust insurance coverage item that will advantage growers, processors, shoppers, and taxpayers across the nation, according to Virginia Congressman Denver Riggle (R-VA).
Riggle and a bipartisan group of seven other Vermont congressional members wrote to AgriLogic on Wednesday asking that Virginia be integrated in the hemp crop insurance coverage system, which could start by the 2020 developing season with approval from the Federal Crop Insurance coverage Corporation Board of Directors.
In addition to Riggle, the group integrated Representatives Morgan Griffith (R), Don Beyer (D), Ben Cline (R), Elaine Luria (D), and Abigail Spanberger (D) as nicely as Senators Tim Kaine (D) and Mark Warner (D).
AgriLogic announced on Thursday that it would be which includes Virginia in the plans that it will be submitting to the USDA subsequent week.
“I am excited at the progress we have created by adding Virginia to the AgriLogic hemp crop insurance coverage system,” stated Congressman Riggleman. “This system will enable for exponential development in hemp production and is a large win for Virginia and the 5th District. Hemp growers in Virginia are prime to lead and the 5th District is prime to lead primarily based on its historic production of tobacco.”
Members of the group say that Virginia’s inclusion in the pilot system will enable producers to supply much more productive protection for their crops in the occasion of a organic disaster.
Initial drafts of the pilot system did not consist of Virginia and the Virginia Division of Agriculture and Customer Solutions was not notified of the alternative of participating till following the very first pilot states had been selected.