Insurance deadline nears for Illinois, Indiana, Michigan, and Ohio
Producers need to make insurance decisions
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[March 08, 2016]
SPRINGFIELD - USDA’s Risk
Management Agency (RMA) reminds
Illinois, Indiana, Michigan and Ohio producers that the final date
to apply for insurance coverage on spring barley, Burley tobacco,
cabbage, corn, cucumbers, dry beans, forage seeding, grain sorghum,
green peas, hybrid seed corn, oats, popcorn, potatoes, processing
beans, processing pumpkins, processing sweet corn, processing
tomatoes, soybeans and sugarbeets is March 15.
Current policyholders who wish to make changes to their existing
policies also have until the sales closing date to do so.
Crop insurance provides protection against decreases in revenue
and crop production losses due to natural perils such as drought
and excessive moisture. Producers have a number of coverage
choices, including yield coverage, revenue protection and area
A number of important changes have been made to crop insurance
for the 2016 crop year that producers may want to consider as
the sales closing date approaches.
The Actual Production History (APH) Yield Exclusion has been
expanded to include more crops. The provision allows farmers to
exclude eligible yields which occur from exceptionally bad years
(such as a year in which a natural disaster or other extreme
weather occurs) from their production history when calculating
yields used to establish their crop insurance coverage.
The Supplemental Coverage Option (SCO) is now available for
alfalfa seed, canola, cultivated wild rice, dry peas, forage
production, grass seed, mint, oats, onions, potatoes and rye in
select counties for the 2016 crop year. SCO is a county-level
policy endorsement that covers a portion of the deductible of
the underlying crop insurance policy.
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For 2016, the U.S. Department of Agriculture (USDA) has expanded
Whole-Farm Revenue Protection (WFRP) nationwide. Whole-Farm Revenue
Protection (WFRP) provides a risk management safety net for all
commodities on a farm under one insurance policy and is tailored for
any farm with up to $8.5 million in insured revenue, including farms
with specialty or organic commodities (both crops and livestock), or
those marketing to local, regional, farm-identity preserved,
specialty, or direct markets.
Brian Frieden, RMA Springfield Regional Office director, urges
producers to contact a crop insurance agent for details. Agents can
help producers determine what policy works best for their operation
and review existing coverage to ensure the policy meets their needs.
Crop insurance is sold and delivered solely through private crop
insurance agents. A list of crop insurance agents is available at
all USDA Service Centers and online at the RMA Agent Locator.
Producers can use the RMA Cost Estimator to get a premium amount
estimate of their insurance needs online. Learn more about crop
insurance and the modern farm safety net at
[Risk Management Agency, Springfield