USDA debuts camelina crop insurance pilot

In Washington, the USDA’s Risk Management Agency (RMA) has announced a new pilot program of insurance for camelina beginning with the 2012 crop year.The new pilot program will be available in selected counties in Montana and North Dakota for the 2012 crop year, with a sales closing date of February 1, 2012.

The camelina plan of insurance is Actual Production History, which insures a grower’s yield. The pilot product for camelina was developed through the 508(h) process and submitted by Great Plains Oil and Exploration, LLC – The Camelina Company and Crop Insurance Systems, Inc.