Why Crop Coverage?

Crop insurance is an excellent risk management tool! It can provide you with the tools necessary to market your commodities in advance, and capture the commodity prices that can make your operation financially viable.


 
Important Dates for 2012

Spring Crops

Sales Closing Date: March 15, 2012
Production reporting Date: April 29, 2012
Billing Date: August 15, 2012

Fall Crops

Sales Closing Date: September 30, 2012
Production reporting Date: (winter wheat) November 14, 2012
Production reporting Date: (forage) October 16, 2012
Billing Date: July 1, 2012

 

For more information please go to: Rain and Hail Insurance,
or the RMA.

This institution is an equal opportunity provider and employer.

Crop Insurance Products

  • HAIL
    Protects you from yield losses due to hail.
  • Yield Protection (YP)
    Production-based coverage protects you against yield loss.
  • Revenue Protection (RP)
    Guarantees revenue per acre with both upside and downside price protection.
  • GRP
    Production guarantees and losses determined on a county basis, with less paperwork requirements. *
  • GRIP
    Revenue guarantees are determined on county basis.*
*the entire county must incurr a loss in order to receive a payment. Individual farm yields do not matter.

Additional Risk Management Products

(click on product below to see more)

  • Livestock Risk Protection (LRP)
    LRP provides protection against declining livestock prices. If the price, as specified in the policy, drops below the producer's selected coverage price an indemnity payment is made. Producers in all covered states with an ownership in eligible livestock can purchase LRP. Eligible livestock: swine, cattle and lambs.
  • Livestock Gross Margin-Swine (LGM)
    LGM provides protection for the gross margin between the value of insured hogs and the cost of corn and soybean meal. It covers a decline in hog prices and/or an increase in feed costs. (producers must have ownership share in the hogs being produced). Available in a limited number of states.
  • Livestock Gross Margin-Cattle (LGM)
    LGM provides protection against loss of gross margin (market value of cattle minus feeder cattle and feed costs) on cattle. LGM covers a decline in cattle prices and /or an increase in feed costs and/or an increase in feeder cattle prices. (producers must have an ownership share in cattle being produced). Available in a limited number of states.
  • Livestock Gross Margin-Dairy (LGM)
    LGM-Dairy uses future prices and state NASS data to determine the expected gross margin and the actual gross margin. The producer is then paid an indemnity if the margin target is not hit. The price the producer receives at the local market for milk is not used in the loss calculation.
  • Adjusted Gross Revenue and Agri-lite
    Provides protection against low farm revenue due to unavoidable causes.