Episode 77 - How could insured farmers adjust to the Expanding Access to Risk Protection (EARP) rule from USDA?

In this episode, Hunter Biram and special guest Francis Tsiboe explore how USDA’s new Expanding Access to Risk Protection (EARP) rule will reshape prevented planting insurance starting in the 2027 crop year. With the elimination of the prevented planting buy-up option, producers who want to maintain similar levels of protection will now have to increase their overall coverage levels, which will raise premiums and expand exposure to other types of losses. Drawing on recent analysis from the Agricultural Risk and Policy Center, the discussion looks into why coverage substitution only partially replaces targeted planting risk protection and what this means for farm-level risk management and program costs moving forward.