Peanut Revenue Policy

A Peanut Revenue Policy is newly available for the 2015 crop year and beyond. The new program replaces the prior Actual Production History peanut insurance program with a Yield Protection & Revenue Protection program design.

The peanut revenue policy is one of several new risk management options authorized by the 2014 Farm Bill that will help farmers manage risks beyond their control. The Georgia Peanut Commission and the Western Peanut Growers developed the policy under section 508(h) of the Federal Crop Insurance Act, which allows private entities to design and submit crop insurance products to the FCIC Board.

The new insurance policy, which will be offered through the federal crop insurance program, replaces current peanut crop provisions. The policy will be based on the Common Crop Insurance Policy currently available for other major commodities and provide growers with a choice of Yield Protection, Revenue Protection, and Revenue Protection with the Harvest Price Exclusion. Available coverage levels will range from 50 percent to 85 percent.

• Fact Sheet - Peanut Revenue Policy
• FAQs - Peanut Revenue Policy
• Peanut Revenue Insurance Standards Handbook
• Peanut Revenue Loss Adjustment Standards Handbook
• Peanut Revenue Pricing Methodology
• Commodity Exchange Price Provisions – Peanuts
• Report to Congress - Peanut Revenue Crop Insurance (Mar 2015)
• USDA Implements New Farm Bill Provision for Peanut Producers (Sep 26, 2014)
• Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion - Peanut Crop Provisions

Contact Information

Find a crop insurance agent to discuss available options for your farm or ranch.

Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator.

For more information, contact RMA Public Affairs.