A crop insurance provider says work is underway to improve the Micro Farm Program in the next farm bill.
Cory Blumerick with GreenStone Farm Credit Services says Micro Farm policies protect small farmer revenue and some value-added products.
“No matter your size of farm, you need quality risk management,” he says “A $50,000 operation has the same need for revenue risk management as a $5,000,000 operation.”
His team wrote 45 percent of all Micro Farm policies when USDA’s Risk Management Agency authorized the program in 2022, and nearly 90 percent of the policies certified in Michigan.
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