Project Overview
Many industrial hemp growers have a limited background in agricultural production, contracting, and the use of crop insurance products. As such, this project seeks to address two major concerns that are influencing the development of the industrial hemp industry. First, our legal team developed producer/processor contract checklist for three types of industrial hemp production (CBD/extract, fiber, and seed). The second component provided producer education on the three available crop insurance products for industrial hemp - Whole Farm Revenue Protection (WFRP), the pilot program for Multi-Peril Crop Insurance (MPCI), and Non-insured Disaster Assistance Program (NAP). A contract with a processor is often a requirement for risk management tools so this outreach was invaluable to those new growers trying to understand what to look for in a contract and how to get crop insurance. Overall the project provided industrial hemp producers, crop insurance agents, and processors with contracting and crop insurance information and resources to assist with mitigating production, financial, and marketing risk.
Number of Participants: 528
PROMOTIONAL MATERIALS
There are no promotional materials available for this project.
EDUCATIONAL MATERIALS
There are no educational materials available for this project.
REPORTS & EVALUATIONS
There are no reports or evaluations available for this project.