04/03/2024 | Press release | Distributed by Public on 04/03/2024 15:33
Join USDA Risk Management and the Strengthening Cooperative Ecosystems to learn the basics of agricultural risk management, unlocking the keys to resilience, prosperity, and sustainability in the farming sector. Join us for an enlightening journey as we navigate through the intricacies of risk management and its pivotal role in securing the future of American agriculture.
The United States Department of Agriculture's (USDA) Risk Management Agency (RMA), created in 1996, serves America's agricultural producers through effective, market-based risk management tools to strengthen the economic stability of agricultural producers and rural communities. RMA is committed to increasing the availability and effectiveness of Federal crop insurance as a risk management tool. RMA manages the Federal Crop Insurance Corporation (FCIC) to provide innovative crop insurance products to America's farmers and ranchers. Approved Insurance Providers (AIP) sell and service Federal crop insurance policies in every state and in Puerto Rico through a public-private partnership with RMA. RMA backs the AIPs who share the risks associated with catastrophic losses due to major weather events.