Morning Coffee and Ag Markets

Episode 90 - Rice Farmers Face Limited Adjustment Capacity Under the Expanding Access to Risk Protection (EARP) Rule

USDA's new Expanding Access to Risk Protection (EARP) rule eliminates the option for producers to purchase an additional 5 percentage points of prevented planting coverage. In this episode, Hunter Biram and Ryan Loy discuss what this change means for rice producers, how it affects flexibility within crop insurance decisions, and why Arkansas farmers may be particularly impacted given their reliance on prevented planting coverage. The conversation also explores trends in rice insurance participation, adjustment capacity, and potential implications for future risk management decisions.