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Conservation compliance will affect crop insurance premiums

2014-05-05 17:39:00| Corn & Soybean Digest

Source: USDA A provision in the 2014 Farm Bill links conservation compliance to crop insurance premiums; specifically, wetlands and highly erodible land. Farmers who dont comply will be ineligible for any portion of the crop insurance paid by the Federal Crop Insurance Corporation. The ineligibility applies only to forward years. Content Classification:  Curated read more

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Crop insurance decision time

2014-03-04 22:33:00| Corn & Soybean Digest

March 15 is the deadline to purchase crop insurance for the 2014 crop year for corn, soybeans and spring wheat in Minnesota and other Upper Midwest states. As of March 1, the USDA Risk Management Agency (RMA) has finalized the 2014 crop prices in the Upper Midwest for Yield Protection (YP) policies, as well as the base prices for Revenue Protection (RP and RPE) policies. Focus on Ag read more

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2014 crop insurance decisions

2014-02-19 02:47:00| Corn & Soybean Digest

Producers have several crop insurance policy options to choose from, including yield protection (YP) policies and revenue protection (RP and RPE) policies, as well as several other group insurance policy options. There are also decisions with using enterprise units versus optional units, and whether or not to take advantage of the trend adjusted APH yields for 2014. Focus on Ag read more

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Crop insurance choices: Low premium or high coverage

2014-01-15 22:54:00| Corn & Soybean Digest

Source: Farmgate blog This year, the crop insurance guarantees may be closer to $4.60, which is the value of December futures contract prices. Regardless of the guarantee, your first decision will be to determine a coverage level for your crop. read more

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2014 Crop Insurance Premiums, Guarantee Levels

2013-12-10 22:22:00| Corn & Soybean Digest

Source: University of Illinois farmdocDaily Given guarantee levels, farmers who have not purchased at the highest crop insurance coverage levels should consider higher coverage levels due to lower guarantee levels. read more

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