Crop Insurance Guide2022
Farm Credit Servicesof MandanCROP INSURANCEGUIDE2022
TABLE OFCONTENTSProducts. 3-4Native Sod.25-26Policy Mechanics. 5-9New Breaking.27Acreage Reporting/Rotations.10Production ReportingRecord Keeping.28-29County T-Yields.11-14Replant.15-16Plant Dates.17-18Prevent Plant.19-22APH/Yield Options/CRP.23-24Farm Credit Servicesof MandanClaims/Vom.30-31End of Insurance Period.32Weights & Measures.33FCSM Insurance Contacts.35This booklet is a summary and by no means allinclusive of the many policy provisions and cropinsurance processes. While every attempt has beenmade to provide accurate, up-to-date information,this is not a contract and Farm Credit Servicesof Mandan, ACA is not responsible for errors,misprints, or personal interpretation. Please referto your policy provisions and county/crop specialprovisions and actuarial documents for specificpolicy information for specific crops.Farm Credit Services of Mandan, ACA is an equal opportunity provider and employer.
PRODUCTSYIELD PROTECTIONYield Protection (YP) APH yield x your level of coverage your guaranteed bushels. Your guaranteedbushels x price election for the crop your dollar coverage per acre. This coverage is based on bushels only,if you are short bushels you have a loss.REVENUE PROTECTIONRevenue Protection (RP) Protects producers against yield losses and revenue losses caused by a change inthe fall harvest price from the projected/base price. The projected price and the harvest price are determinedin accordance with the CEPP and are based on daily settlement prices for certain futures contracts.If the harvest price drops during the year, the claim trigger yield increases proportionately to compensate youfor the drop in crop value. If the harvest price increases during the crop year your revenue guarantee increasesproportionately and any production loss you have is paid based on the higher revenue guarantee. In other words,the value of the crop you lost is greater and therefore your claim payment is greater.IMPORTANT: Revenue guarantees and revenues to count are based on the identified contract values (CBOTor MGE, as applicable) and NOT the actual price received at the local elevator.Per Acre Revenue Guarantee APH x Level x Projected PriceExample: Soybean APH is 32 bu/acre x 75% x 8.50/bu 204/acre revenue guaranteeCalculated Revenue Actual Production x Fall Harvest PriceIndemnity Per Acre Revenue Guarantee – Calculated RevenueLOSS EXAMPLE: INCREASING HARVEST PRICESOYBEANSApproved yield 32 bu/acresCoverage level 75%Base/projected price 8.50Preliminary guarantee 32 bu/ac APH x 75% x 8.50/bu 204Harvest Price 10.15Final Guarantee 32 bu/ac APH x 75% x 10.15/bu 243.60Actual yield 10 bu/acCalculated Revenue 10 bu/ac x 10.15 101.15/ac revenueRP indemnity 243.60/ ac guar – 101.15/ac revenue 142.45/ac loss paymentYP indemnity 24 bu/ac guar – 10 bu/ac harvestedx 8.50/bu yp price 119/ac loss paymentLOSS EXAMPLE:DECREASING HARVEST PRICESOYBEANSApproved yield 32 bu/acresCoverage level 75%Base/projected price 10.15Final guarantee 32 bu/ac APH x 75% x 10.15/bu 243.60Actual Yield 24 bu/acHarvest Price 8.85Calculated Revenue 24 bu/ac x 8.85 212.40RP indemnity 243.60/ ac guar – 212.40/accalculated revenue 31.20/ac lossYP indemnity No Loss, yield is at guarantee of 24 bu.Price Movement Limitation* There is a 200% price change limit between the base and harvest price. There will not be any downwardlimitations from the base price to the harvest price.(*There is a 150% price change limit between the base and harvest price on dry peas and dry beans.)3
REVENUE PRICE DISCOVERYBASE PRICENOTESDRY PEASHarvest price for a type willVolume sold and pricebe the sum of the daily prices The harvest price will bereceived data collected byannounced not later thanfor that type divided by thethe USA Dry Pea and Lentilnumber of prices included in January 15 of the crop year.Council (USDPLC)that sumDRY BEANSCollects sales volume and Market price of each type forThe harvest price will becontract offer prices each each day of publication fromannounced not later thanSeptember 1 through thewinter from every farmer’sJanuary 15 of the crop year.date nearest November 30sale of beans in ND & MNBARLEYCBOT September CornFutures during month ofFebruary*CBOT September CornFutures during the monthof August**Multiplied by a factordetermined by RMAWHEATMGE September SpringWheat Futures duringmonth of FebruaryMGE September SpringWheat Futures during themonth of August*Durum: Additional factordetermined by RMACBOT December Soybeanof February*CBOT December SoybeanOil Futures during themonth of October*Divided by 2, Plus oneConfects: Additional Factordetermined by RMACANOLAICE November CanolaFutures during month ofFebruary*ICE November CanolaFutures during month ofSeptember*Divide by 2,205 andconverted to USmeasurement and dollarsSOYBEANSCBOT November SoybeanFutures during month ofFebruaryCBOT November SoybeanFutures during month ofOctoberCORNCBOT December CornFutures during month ofFebruaryCBOT December CornFutures during the monthof OctoberSUNFLOWERS Oil Futures during monthFarm Credit Servicesof Mandan4HARVEST PRICE*Only Available on Revenue ProductsSilage: Determined by RMAand released 1/31 and noharvest priceNote: Harvest Price will not be greater than 200% of the Base Price.There are no downward price limitations. Prices released within 3days of price discovery period.Farm Credit Services of Mandan is an equal opportunity provider.
Whole Farm Revenue Protection –Provides coverage against the loss of revenue that you expect to earn,or will obtain from the commodities you produce or purchase for resale during the insurance period underone insurance policy. This includes both crops and livestock. Five years of tax returns required to startapplication.Margin Protection – Is area based insurance using county level estimates of average revenue and input coststo establish the amount of coverage and indemnity payments. It is available on wheat in ND. The sales closingdate is September 30th. Because Margin Protection is area-based (average for a county), it may not reflectyour individual experience.Malt Barley Endorsement – Provides additional quality protection based on the specifications from yourcontract. MBE incorporates projected and harvest prices based on your malting contract. The projectedand harvest price is determined using the CBOT Soft Red Winter Wheat September contract along with thedetermined “contract prices” to establish the projected and harvest prices for contracted production.Hail Insurance – Hail Insurance policies insure producers not only against hail, but fire and lightening,transit coverage, fire department charge, vandalism and malicious mischief. Crop hail products come invarying deductibles and provide protection up to the value of a crop on an acre by acre basis. As enterpriseunits become more and more popular, hail policies are a great way to protect against spot losses thatenterprise units won’t cover. Some of the most popular policies sold in ND include: DDA, Basic, DDC andCompanion plans like Comp 2-10, 2-15 and 3-15.Pasture, Rangeland and Forage Insurance (PRF) – This area based plan protects against one named peril –lack of precipitation. It is based on the National Oceanic and Atmospheric Administration (NOAA) rainfalldata and uses an approximate 12-mile square grid. A producer chooses index intervals that are made up of2-month time periods. Insurance payments to a producer are calculated based on the deviation from normalprecipitation within the grid during the months in the index intervals selected.*PRF Sales Closing Date is December 1stLivestock Risk Protection (LRP) – This insurance can be used as a way to buy a subsidized put and protectsagainst a decline in market prices below the insured’s selected coverage price. An insured may select froma variety of coverage prices and periods, so the expiration of their coverage corresponds to the time theirlivestock is normally marketed or sold. At the end of the coverage period selected, if the actual ending valuedetermined by RMA is below the coverage price, the insured may be paid an indemnity for the difference.POLICY MECHANICSActual Production History– APH is the foundation of thecrop insurance plan. It is used todevelop coverage guarantees andpremium. The better the APH,the better the coverage. APH isa simple average of an insured’sactual crop production.A minimum of four years and upto 10 consecutive crop years isused to establish an APH. If fouryears of actual production historyare not available, a TransitionalYield (T-Yield) may be assigned.This is commonly referred to as acounty yield.Coverage Level – The % of APH aninsured chooses to insure his or her crop.50% - 75%, in 5% increments – All Crops80% - 85% - for specific crops.Production GuaranteePrice Election – The price levelchosen by the insured for each crop from55% - 100% of the established price. Theestablished price is a price per unit (bu, lb,cwt, ton) provided by FCIC.APH x Coverage Level Chosen Production Guarantee.Harvested and un-harvested productionless than the production guarantee on theschedule of insurance may result in a claim.For example: 45 bu/acre guarantee – 10bu/acre production 35bu/acre deficient X priceelection loss payment. 45 bu/acre guarantee – 0 bu/acre production 45 bu/acredeficient X price election loss payment.5
POLICY MECHANICSUnit Structure– A unit is an area of land designated by the insured. It has its own APH & production/revenue guarantee. The bestinsurance coverage is with Optional Units. Premium discounts may apply by using Basic, Enterprise, or Whole FarmUnits. Unit types are as follows: B asic Unit (BU) – All insurable acreage of the crop in the county lumped together by insured’s shares. You receiveone basic unit for the land you own and cash rent within a county and you also receive one basic unit for eachlandlord with whom you crop share. O ptional Unit (OU) – Basic units may be further divided to optional units by section, practice or type if cropprovision allows. E nterprise Unit (EU) – Enterprise units combine all of the acres of a particular crop within a county into a singleunit, regardless of whether they are owned or rented or how many landlords are involved. Aggregate acreage whenthe unit contains acreage in more than two sections to meet 20/20 requirement. Acres used to determine theenterprise unit discount includes only insured planted acreage (do not include prevented planting acres). SeparateEU’s available for I and NI crops. Separate enterprise units available by type for select crops. M ulti-County Enterprise Unit – The MCEU endorsement allows an insured to combine insured acreage of aninsured crop, in two contiguous counties into one EU (by irrigation practice if applicable). The contiguous countiesmust be in the same state. N ew Producer – A person who has not been actively engaged in farming for a share of the production of theinsured crop in the county for more than two APH crop years. Formation or dissolution of an entity, whichincluded individuals with more than two APH crop years of production history during the base period, does notqualify the new entity as a new producer. New producers are eligible to use 100% of the county T-yield.Approved Practice Definitions SF – Summerfallow CC – Continuous Cropping NI – Non-Irrigated I or IRR – IrrigatedSeparate converages are available for Irrigated and Non-Irrigated crops.Added Land – Notify your insurance specialist immediately of any newly purchased or rented land. If adding 2000 acres county T-yields may be your only option.MPCI Premium Subsidy Chart:Coverage nterprise80%80%80%80%80%77%68%53%Conservation ComplianceThe 2014 Farm Bill linked crop insurance with conservation compliance provisions. Eligibility for premium subsidyis now based on following conservation compliance provisions. Any non-compliance will affect your eligibility forpremium subsidy.A wetland cannot have been converted after February 7, 2014. An AD-1026 must be on file with FSA on or beforethe crop insurance premium billing date to be eligible for premium subsidies. The AD-1026 form only has to becompleted one time, unless changes are made to the operation. It is the producer’s responsibility to ensure they havecompleted the AD-1026.Winter Wheat & Fall Seeded Canola & Fall Seeded Dry PeasFor winter wheat, fall seeded canola or fall seeded dry peas to be insurable, acres and legal descriptions must bereported to your Agent by March 15th. A spring inspection will be done to determine insurability. The crop mustappraise equal to or greater than your spring APH in order for insurance to attach.6
POLICY MECHANICSRebating Your Acreage Report contains statements certifying that no rebate was offered or received for the purchase of theMPCI policy. Statement is signed by agent and insured.Sales Sales closing date is March 15th. Billing date is August 15th for spring crops in ND, with interest attaching for unpaid premiums on Oct. 1Beginning Farmer and Rancher (BFR)Fee Waiver - Waives the 655 administrative fee for catastrophic coverage (CAT). The 30 per crop administrative feeis waived on buy up policies.Premium Support - Reduces out of pocket premium expenses by providing a 10% premium subsidy bonus.Yield Adjustment - Compensates a new farmer who experienced a loss with an 80% substitute yield adjustmentversus the 60% substitute allowed for all other farmers.Production History - Allows beginning farmers to use the production history of a farming operation that they havebeen involved with through physical labor or decision making if they do not have their own production history onthat land.Qualifications:The requirements to qualify for the Beginning Farmer or Rancher (BFR) status are: you have not had an insurableinterest (10% or more) of any crop or livestock for more than 5 crop years. This pertains to an individual AND thespouse of a married person. For a business entity to qualify, none of the substantial beneficial interest holders (10% ormore) can have had an insurable interest for more than 5 crop years.You may exclude a crop year if you were under the age of 18, enrolled in post-secondary studies (not to exceed 5 cropyears) or on active duty in the U.S. military.Veteran Farmer and Rancher (VFR)A veteran is an individual who: Served in the United States Army, Navy, Marine Corps, Air Force or Coast Guard, including the reservecomponents. Army Reserve; Navy Reserve; Marine Corps Reserve; Air Force Reserve; Coast Guard Reserve; ArmyNational Guard of the United States; and Air National Guard. Served in the active military, naval or air service. Was discharged or released under conditions other than dishonorable. Benefits are the same as Beginning Farmer and Rancher Applies to individuals on a nationwide basis and not for each state, county, and crop. Exception to Individual Requirement All substantial beneficial interest holders must be a VFR, unless the SBI is a spouse of the veteran. A spouse’s VFR status does not impact whether an individual is considered a VFREntity Changes Verify the insured entity and tax ID match between crop insurance, FSA, and the IRS. Entity verification andmatching with FSA remains important to RMA. Be sure to notify your agent if you have incorporated, createda partnership, LLC, gotten married or divorced, have experienced the death of a spouse or any other changes inentities involved in your farming operation. Unless legally separated, spouses must be listed on the policy. SBI of individual spouse presumed to be 50% unlessotherwise reported. Joint ventures not allowed between spouses Spouses cannot sign policy unless legal P.O.A. is on file or limited authorized representative indicated on applicableform. Incorrect or missing entity/SBI information could result in your policy being void or cancelled.7
8Separate EUsfor all typeselected bySCD andmeeting ETrequrirementsseparately andBU/OU for anyacreage notreported andinsured as anEUOne EU for allacreageQualificationsfor at leastone ET or asingle EU aremetBUOU ifreportingrequirementsmet by PRDDiscovery onor beforeARDBUQualficationsfor single EUare not metBUQualifcationsfor single EUare metOne EU for allacreageDiscoveryafter ARDReferenced from the Crop Insurance HandbookOU ifreportingrequirementsmet by PRDQualifcationsfor EUs arenot metInsured does notqualify for ETelection made onall typesET forMultipleTypesInsured Elected ET for Multiple Types, but Does Not Qualify for their ET ElectionInsured Elected ET for Multiple Types, butDoes Not Qualify for their ET Election
9One EU for bothpracticesEI for practice 1 ifqualifcations metand OU/BU forpractice 2Qualifcations forsingle EU are metBUOU if reportingrequirements metby PRDDiscovery on orbefore ARDBUOne EU for bothpracticesQualifcations forsingle EU are metBUQualifications forsingle EU are notmetDiscovery afterARDReferenced from the Crop Insurance HandbookOU if reportingrequirements metby PRDQualifications forsingle EU are notmetInsured does notqualify for their EIelectionEI for irrigatedand non-irrigatedInsured Elected EI for Both Irrigation Practices, but Does Not Qualify for Their EI ElectionInsured Elected EI for Both Irrigation Practices,but Does Not Qualify for Their EI Election
ACREAGE REPORTING J uly 15th deadline to report spring crops. We strongly encourage early reporting to allow time for properreview and processing. CRP acreage coming out of the program must be reported separately the first year. N ative Sod and New Breaking insured by Written Agreement must be reported separately. Verify the insured entity and tax ID between crop insurance, RMA and IRS. P revent Plant (PP) acres or crops cannot be revised or added after July 15th. Report all PP acres within 72hours of when you finish planting or the crops final plant date, whichever is earlier. August 15th billing date for MPCI crops. Interest attaches October 1st and is retroactive back toAugust 15th.RotationsCROPSUNFLOWERSCANOLAROTATION REQUIREMENTSInsurance will not attach to any acreage whichSunflower, canola, crambe, dry beans, safflower, mustard,or rapeseed planted previous crop year2 Years Off1 year out is insurable with a 5 or 10% surcharge, varies by county,to acreage and moderately resistant or resistant to blackleg (MR-R)1 Year OffCan go on any ground - no rotation requirementsMUSTARD(WhenInsurable)Crambe, mustard, canola, chickpeas, dry beans, rapeseed, orsunflower planted previous yearField Peas planted in either of the previous 2 years OR(Green & Yellow) Chickpeas or Lentils planted the previous yearDRY PEASGARBANZODRY BEANS1 Year Off2 Years Off1 Year OffLentils planted in either of the previous 2 years ORChickpeas or Field Peas planted the previous year2 Years Off1 Year OffChickpeas (Garbanzo) have been planted in any of the3 preceding yearsNote: seed must be treated with recommended fungicides toprevent ascochyta blight, pythium, and any other seed diseases.3 Years OffDry beans, canola, crambe, mustard, rapeseed, soybeans orsunflowers planted in the previous year1 Year OffFarm Credit Servicesof Mandan101 Year OffCanola, crambe, chickpeas, dry beans, mustard, rapeseed,sunflowers were planted previous 2 yearSOYBEANSLENTILSYEARBETWEEN
sBowmanBurleighDunnEmmonsGolden changefor 2022*Indicates changefor 2022NA- 2-1,776*AAA-856*1,530*1,407*1,432*1,489*Canola2022 COUNTY 336*A1-30A2-34AAA-1824NANA24SoybeansNon-Irrigated eatSpring
32341NA3823305436NA34NA35NANA 69NA 75NA A2-739*A2-73961A3-1,283* A3-1,122A3-1,122*AAA-1,583* * *1,262*1351*54A1-1,194* A1-704*A1-704*A2-1,536* A2-1,210*56A2-1,236*A3-1,855* A-1,023* 42*A2-1,312*1,427*1,334*54NASiouxFarm Credit Services of Mandan is an equal opportunity provider and employer.interpretation. Refer to your policy provisions and county/crop special provisions and actuarial documents for specific policy information for specific 23A2-242336*A1-30A2-34AAA-1824NANA24SoybeansFarm Credit Servicesof 2NAA2-948NA880SafflowerTriticaleNon-Irrigated asSunflowers 23*151,667*191,135*12.31,289 ageLentilsNA 1A2-1,682AAA-856*NA1,530*NA A 81A1-845* A1-589A1-55482A2-1,436* A2-692A2-6506781,680*721 2A2-1,423*1,128*1,574* ,550* 1872 BuckwheatGrainCanolaPinto BeansSmoothForageGreen andPeasOil forYellowSeedFlaxPeas Sunflowers2022 COUNTY T-YIELDSA1-2041413431NANA1,188*NA 82A2-2352Slope83037NA453838NANA1,602*NA 6368Stark933442348413926NA1,672*NA 83*Indicates changefor 2022This is a summary and by no means all inclusive of the many policy provisions and crop insurance processes. While every attempt has been made to provide*Indicateschangefor 2022NA- Uninsurableaccurate, up-to-date information, this is not a contract and Farm Credit Services of Mandan, ACA is not responsible for errors, misprints, or 1443341433843353634WheatSpring
eigh52Dunn50Emmons64Golden Slope51Stark49*- Indicates*Indicateschangechangefor 2022 for 2022NA- UninsurableNA- 8.418.521.917.117.519.720.9Corn Grain Corn Silage2022 COUNTY NANANA608NA711NANANA830933SafflowerFarm Credit Servicesof Irrigated T-YieldsS
oybeansAdams88040 50BillingsNANA 50Bowman948NA 48Burleigh50 52NADunn88346 50Emmons48 64NAGolden737ValleyNA 42Grant90044 51Hettinger77844 55Kidder45 69NALoganNA29*64McIntosh45 51NAMcLean60844*72Mercer47 59NAMorton71143 61Oliver49 74NASheridan43 58NASioux48 54NASlope830NA 51Stark93340 49*- Indicates*Indicateschangechangefor 2022 for 2022NA- UninsurableNA- UninsurableCountySafflowerIRRIGATEDIrrigated 51,706*NA1,188*NA1,602*NA1,672*NA 101NA 101NA 1012,018141NA 1012,200172NA 101830 114865 1011,909173NA 159NA 1772,2141622,167138NA 1411,9601571,888161NA 136NA 101NA 3TriticaleSafflowerIrrigated T-YieldsSmoothWheatOil Peas LargeConfectionaryForageKabuli Small KabuliCanolaPintoCornBeansOatsBuckwheatBlack BeansGrain LentilsCorn Silage GreenFlaxandDurumSunflowersSunflowers Chickpeasfor SeedChickpeasYellow Peas2022 COUNTY T-YIELDS
REPLANTNotify insurance specialist PRIOR to replanting. Replant claims refer to reseeding to the same crop only,however a different variety may be acceptable.Practical to Replant:Your insurance company will determine if it is practical to replant by assessing all factors, including moisture availability,marketing window, condition of the field and if crop will attain maturity prior to the calendar date for the end of theinsurance period. It will be considered to be practical to replant within or prior to the late planting period, or on or priorto the final plant date if no late planting period is applicable, unless the insurance company determines it is physicallyimpossible to replant the acreage or there is no chance of seed germination, emergence, and the formation of a healthyplant. You may be required to replant to the same crop through the 10th day after the final plant date.Replant payments are available for: Barley, Buckwheat, Canola, Corn, Dry Beans, Dry Peas, Flax, Grain Sorghum,Mustard, Oats, Soybeans, Sugar Beets, Sunflowers and Wheat.Small grain replants are not paid off of actual cost so no seed receipts are neede
Production Guarantee. APH x Coverage Level Chosen Production Guarantee. Harvested and un-harvested production . less than the production guarantee on the . schedule of insurance may result in a claim. For example: 45 bu/acre guarantee - 10 bu/acre production 35 . bu/acre deficient X price . election loss payment. 45 bu/acre guarantee .
Crop images Cropping is the process of removing portions of an image to create focus or strengthen the composition. You can crop an image using the Crop tool and the Crop command Using the Crop tool Crop an image using the Crop tool 1. Select the Crop tool . 2. Drag over the part of the image you want to keep to create a marquee.
Customize Holiday Cards Page 3 5. To focus attention on your photo's subject, crop the photo. Choose the Crop tool from the Tools toolbar on the left. Freehand Crop: Click and drag the Crop tool across your photo to select the crop area. Preset Crop: You can crop to a specified
as monthly crop water requirement at different growing stages of maize crop. The crop water requirement and irrigation requirement for maize crop 238.6 mm and 212.6 mm. Considering the above findings it was suggested to use the Cropwat 8.0 model to predict the crop water requirements for different crops.
Abstract: The determination of crop coefficients and reference crop evapotranspiration are important for estimating irrigation water requirements of any crop in order to have better irrigation scheduling and water management. The purpose of this study is to determine the crop water requirement of cauliflower, using single and dual crop coefficient
Merritt Hall Enterprises Inc. (IN) 27. Kumm Insurance Agency (ND) 28. Williamson Insurance Agency (OH) 29. ACI Agency, Inc. (NE) 30. Community Ins. Group (NE) 31. Austin Co Inc. (NE) . Merritt Hall Enterprises Inc. 5. Agrisource Inc. 6. Peterson Crop Insurance 7. Nichols Farms Crop Ins. LLC 8. Fleece Insurance Inc. 9. Reuter Crop Insurance
multi-peril crop insurance are subsidized by the Federal Crop Insurance Corporation (FCIC). Current administrative fees can be found in the RMA General Standards Handbook. Consult with your crop insurance agent if you may qualify for benefits as a beginning farmer and rancher (BFR) or veteran farmer and ranc
Federal Crop Insurance Act (As Amended Through P.L. 113–4, Effective March 7, 2013) Crop Insurance Policy, Basic Provisions (11‐br) Crop Insurance Handbook (FCIC‐18010) Irrigated Practice Guidelines Document and Supp
Engineering Mathematics – I, Reena Garg, Khanna Book Publishing . AICTE Recommended Books for Undergraduate Degree Courses as per Model Curriculum 2018 AICTE Suggested Books in Engineering & Technology w.e.f. 2018-19 BSC103 – Mathematics – II 1. Advanced Engineering Mathematics, Chandrika Prasad & Reena Garg, Khanna Book Publishing 2. Higher Engineering Mathematics, Ramana B.V., Tata .
