USDA offers PACE pilot program
The USDA Risk Management Agency (RMA) will offer a Post-Application Coverage Endorsement (PACE) crop insurance pilot program for the 2022 crop year.
PACE provides supplemental coverage for producers unable to post-apply nitrogen in the two- to three-week, V3-V10 corn growth stage due to weather and field conditions. Interested producers should speak with their crop insurance agent before the March 15, 2022, deadline to apply.
“PACE is an important step forward for crop insurance. It supports farmers who split apply nitrogen by reducing their input costs, preventing runoff into waterways, and decreasing greenhouse gas emissions,” said Todd Barker, CEO of Meridian Institute in a news release.
PACE is available to producers with nonirrigated corn in select counties across Illinois, Indiana, Iowa, Kansas, Minnesota, Michigan, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Increased county and state availability is planned if the pilot program is successful.
“We are thrilled to see that farmers in 11 states have the option to buy PACE in its first year, and we’re hopeful that access will expand in coming years,” Barker said.
Developed by the Illinois Corn Growers Association, National Corn Growers Association, Ag-Analytics Technology Company, Meridian Institute, and others, PACE is offered under section 508(h) of the Federal Crop Insurance Act. For more information contact your crop insurance agent or visit PACECropInsurance.com.