Ag Secretary Tom Vilsack has unveiled a number of changes and initiatives at the USDA designed to support the growth organic agriculture production.
Vilsack says the USDA’s Risk Management Agency’s federal crop insurance program will have more options for organic producers this year and will increase those options next year. He says the RMA will also lift the current 5% organic rate surcharge on all future crop insurance policies as of January 1, 2014.
Vilsack says organic agriculture “is one of the fastest growing segments of American agriculture” and helps organic farmers “receive a higher price for their product as they strive to meet growing consumer demand.”
The organic food production industry now exceeds $30 Billion a year, and Vilsack says it continues to increase market share every year.