Summary

Requires the Federal Crop Insurance Corporation to study and design possible insurance options for mushrooms, including coverage for mushroom growing media and production. It allows the Corporation to hire qualified contractors to conduct this research. The study must examine key risks and policy features and deliver a report with results and recommendations to the House and Senate agriculture committees within two years. It does not create a new insurance product or provide funding by itself, but it sets up the groundwork to decide if and how mushroom insurance should be offered.

Key Points

• Orders FCIC to research and develop potential mushroom insurance policies.
• Covers both mushroom growing media and mushroom production in the study.
• Allows FCIC to hire qualified contractors to conduct the research.
• Requires evaluation of key risks and policy design features specific to mushrooms.
• Mandates a report with results and recommendations to Congress within two years.
• Does not itself establish or fund a new insurance product.
• Aims to inform whether a pilot or full insurance offering for mushrooms is feasible.
• Impacts specialty crop risk management and data needs within USDA/FCIC.

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