Final Date to Apply for Crop Insurance is March 15th
Tuesday, February 22nd, 2022 -- 11:00 AM
(Wisconsin Ag Connection) USDA’s Risk Management Agency reminds Wisconsin producers that the final date to apply for crop insurance for spring planted crops is fast approaching.
According to the Wisconsin Ag Connection, the program covers:
- Barley,
- Buckwheat,
- Cabbage,
- Canola,
- Cigar binder tobacco,
- Corn,
- Cucumbers,
- Dry beans,
- Dry peas,
- Flax,
- Forage seeding,
- Grain sorghum,
- Green peas,
- Hemp,
- Hybrid seed corn,
- Oats,
- Onions,
- Popcorn,
- Potatoes,
- Processing beans,
- Soybeans,
- Sugar beets,
- Sunflowers,
- Sweet corn,
- Triticale,
- And wheat.
Growers also have until March 15 to apply for coverage under the Whole-Farm Revenue Protection policy and the new Micro Farm Program. Current policyholders who wish to make changes to their existing coverage also have until the same deadline.
The Yield Exclusion option allows producers to exclude yields of eligible crop years when RMA determines the county per planted acre yield was at least 50 percent below the simple average of the per planted acre yield for the crop in the county for the previous 10 consecutive crop years.
The amount of insurance available to a producer is based on the producer's average historical yields. If policyholders have experienced reduced yields on their operation in past years that were also experienced county wide, they may want to consider discussing the Yield Exclusion option with their crop insurance agent, who can tell them if Yield Exclusion is available for the crop in the county.
The Yield Exclusion option now includes crop year 2020. To get this benefit, policyholders must elect the Yield Exclusion option on a crop insurance application or policy change form by March 15. Policyholders should consult with their crop insurance agent to make this election.
Federal crop insurance is critical to the farm safety net. It helps producers and owners manage revenue risks and strengthens the rural economy. Growers may select from several coverage options, including yield coverage, revenue protection, and area risk policies.
Additional information can be found on the Actuarial Information Browser page on the RMA website.
Feel free to contact us with questions and/or comments.