Senator John Hoeven, chairman of the Senate Agriculture Appropriations Committee and a senior member of the Senate Agriculture Committee, issued the following statement as the U.S. Department of Agriculture (USDA) Risk Management Agency (RMA) implements the enhanced farm bill policies that Hoeven worked to secure in the One Big Beautiful Bill (OB3), effective for all crops with sales closing dates on or after July 1, 2025. These provisions include:
- Hoeven’s FARMER Act to strengthen crop insurance and make higher levels of coverage more affordable for producers.
- The legislation increased premium support for individual-based coverage across nearly all levels – starting at 55% -- by an additional 3-5%.
- The bill also enhanced the Supplemental Coverage Option (SCO) by raising the coverage level from 86% to 90%, while boosting premium support from 65% to 80%.
- Producers will have access to this option in 2026 via the Enhanced Coverage Option (ECO) product, which has identical coverage at the same cost and premium support levels.
Source : senate.gov