New CLIP Coverage Adds Revenue Protection Across Crops

Producers growing multiple spring crops should compare CLIP with individual coverage increases and county-based supplemental protection.

farming taxes accounting money_adobe stock.png

Adobe Stock

LUBBOCK, TEXAS (RFD NEWS) — Spring crop producers growing more than one crop in the same county now have another way to protect revenue when losses spread across an operation.

Oklahoma State University agricultural economist Amy Hagerman says Crop and Livestock Income Protection (CLIP), first available in 2026, adds umbrella coverage above individual Revenue Protection policies.

Producers must maintain Revenue Protection on each enrolled crop. Those policies pay on individual crop losses, while CLIP pays if the combined revenue for eligible crops falls below the selected guarantee.

Coverage ranges from 55 to 85 percent and can be no more than 25 points above the lowest underlying policy. In a Garfield County example with corn and grain sorghum, 85-percent CLIP coverage cost $25,452, compared with $45,625 for separate 85-percent Revenue Protection policies.

CLIP and the Supplemental Coverage Option cannot be combined. The difference is important: CLIP measures the producer’s combined revenue loss, while Supplemental Coverage uses county-average losses.

CLIP is available in 13 states, including Oklahoma and Texas, and must be purchased through a licensed crop insurance agent by the earliest eligible crop sales closing date.

Farm-Level Takeaway: Producers growing multiple spring crops should compare CLIP with individual coverage increases and county-based supplemental protection.
Tony St. James, RFD News Markets Specialist
Related Stories
The new initiative is helping agricultural leaders strengthen their advocacy and leadership skills.
UT Institute of Agriculture reporter Charles Denney visited a class at Ijams Nature Center in Knoxville, where students in the School of Natural Resources traded traditional classrooms for hands-on outdoor learning.
RealAg Radio’s Shaun Haney and other experts break down ongoing energy market volatility, its impact on producer decision-making, and key indicators farmers should monitor moving forward.
Cotton margins improved slightly, even as fertilizer and fuel costs rose due to the Strait of Hormuz disruption linked to the Iran war.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Brazil logistics issues may support U.S. soybean demand.
AFBF Economist Danny Munch breaks down a new Farm Bureau analysis showing that producers now earn less than 6 cents of every food dollar, as farm input costs continue to squeeze margins.
Productivity gains are supporting supply despite limited herd expansion.
Brooks York with AgriSompo addresses how current market conditions and risk management are impacted by volatility in the Middle East, and considerations for farmers in the spring planting season.
Farm CPA Paul Neiffer provided guidance on navigating the R&D tax credit, emphasizing record-keeping, eligibility, and maximizing potential savings as crop margins remain the key pressure point for farmers.
Justin Tupper with the U.S. Cattlemen’s Association joins us to discuss the USDA’s voluntary labeling updates, industry priorities, and the outlook for U.S. cattle producers.