On November 14, 2019, the Risk Management Agency (RMA) issued a press release providing options for producers affected by flooding and excess moisture. It directs producers to contact their approved insurance provider to file a notice of loss and request more time to harvest. It contains the conditions under which an approved insurance provider may …
Crop Insurance News and Analysis – November 14, 2019 – Deferral of Interest for Premiums
On November 14, 2019, the Risk Management Agency issued Managers Bulletin: MGR-19-023.1 and a press release regarding the extension of the deferral of interest for crop insurance premiums. RMA states that on August 15, 2019, in MGR-19-023, it extended the date on which interest would start to accrue for unpaid premiums until November 30, 2019 …
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Crop Insurance News and Analysis – November 12, 2019 – Bypass Procedures for Sugar Beets
The Risk Management Agency (RMA) issued Managers Bulletin: MGR-19-027 regarding the allowance of bypass procedures for sugar beets. RMA states that due to excess moisture, delayed harvest situations and freezing temperatures in parts of the Upper-Midwest and Pacific Northwest, some processors are suspending harvest and delivery of unharvested sugar beets for the 2019 crop year. …
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Crop Insurance News and Analysis – November 1, 2019 – Harvest Prices
On November 1, 2019, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-19-059 announcing the harvest prices for certain crops and states. ANALYSIS – For corn in Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Pennsylvania, …
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Crop Insurance News and Analysis – October 31, 2019 – Sugar Beet Clamps
On October 31, 2019, the Risk Management Agency (RMA) issued Managers Bulletin: MGR-19-026, which extended sugar beet insurance coverage to clamps. RMA states that the Common Crop Insurance Policy Basic Provisions (Basic Provisions) provide that insurance coverage ends on the earliest of: 1) total destruction of the crop; 2) harvest of the crop: 3) final …
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Crop Insurance News and Analysis – October 24, 2019 – Delayed Harvest
On October 24, 2019, the Risk Management Agency (RMA) issued a press release and fact sheet regarding delayed harvest due to snowy and wet conditions. RMA advises producers to 1) contact their crop insurance agents to notify them that there has been an insurable cause of loss and that harvest is delayed by the wet …
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Crop Insurance News and Analysis – September 26, 2019
On September 26, 2019, USDA announced that producers that received prevented planting payments in 2019 would receive a “top-up” payment equal to an additional 10 percent for producers with Yield Protection and Revenue Protection with Harvest Price Exclusion and 15 percent for producers with the Revenue Protection Harvest Price Option. No signup is necessary and …
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Crop Insurance News and Analysis – September 25, 2019
On September 25, 2019, the Risk Management Agency (RMA) issued a Product Management Bulletin: PM-19-05, which involves a clarification of the involvement of agricultural experts for the sugar beet policy. Section 13(f) of the Sugar Beet Crop Insurance Provisions added an early harvest factor when processors request a portion of the contracted crop be harvested …
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