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Specialty corn program expansion

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[February 20, 2013]  SPRINGFIELD -- The USDA Risk Management Agency recently expanded insurance coverage for specialty corn in select counties in Illinois, Indiana and Michigan.

Producers may now choose to insure their blue corn in 60 counties in the three states under either their contract price or the price set by RMA. Similarly, producers in Pike County may choose to insure high amylase corn either under their contract price or the price set by RMA.

Director Brian Frieden suggests producers of specialty corn contact their insurance agent to see if these changes apply to their area. This expansion applies only to the yield protection and revenue protection insurance plans. All types of corn must be insured under the same insurance plan. Producers have until March 15 to buy specialty corn insurance.

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RMA is the part of the United States Department of Agriculture that administers the federal crop insurance program. Private insurance companies, which RMA approves, sell and service the policies. These companies have crop insurance agents who work with producers directly. A list of crop insurance agents is available at all USDA Service Centers and at http://www.rma.usda.gov/tools/agent.html.

[Text from file received from USDA Risk Management Agency, Springfield]

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