Hi! This is Lonnie Sewell with this week’s crop insurance update brought to you by AgriServe Crop Hail Insurance and the Sewell Agency of Chillicothe.
Lots going on this week with the bean prices up and for the most part good soil moisture. Lots of double crop beans will go in following Wheat.
Make sure when you go to the FSA office and your insurance agent to report planted acres, you identify all the different crop practices you have this year such as; failed corn to soybeans, prevent plant corn or beans and double crop beans. There is no need paying an insurance premium on a crop that is not insurable. Final reporting date is July 15th.
Also some details are coming out about a disaster payment for those who have crop insurance and had a loss on any crop in 2005 -2006 and wheat for 2007, based on your yield history.
This was in the process before the flood so probably another one will be coming later.
Don’t forget to protect those high priced crops from storms with some economical crop hail insurance from AgriServe.
Read this online at Blog4020.Blogspot.com or call the Sewell Agency at 646-4020 your connection to crop protection.
Wednesday, June 27, 2007
Tuesday, June 19, 2007
Week # 7 Crop Reporting & Finalizing Claims
Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is crop reporting and finalizing claims and brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
As planting time is winding down with June 20th being the last day to plant Soybeans and Milo without a guarantee penalty it is time to report. You have until July 15th to report acres planted to your insurance agents. You must first report to FSA and then bring your 578 form to your agent. This provides fewer errors on planting dates and acreage planted.
If you have a prevent plant or a final claim open on corn or soybeans your claims cannot be finalized until you report your acreage with us. So the sooner you bring in your acreage planted and planting dates, the sooner you will receive your claim payment.
Just as a reminder as these crops are growing they are susceptible to the hail that comes along in some of these storms. You can protect your crops with only $2 - $3 per acre.
Again, as soon as you are finished planting, report to FSA and then to your insurance agent. View this update and others online at Blog4020.blogspot.com. Or phone the Sewell Agency at 660-646-4020 your connection to crop protection.
As planting time is winding down with June 20th being the last day to plant Soybeans and Milo without a guarantee penalty it is time to report. You have until July 15th to report acres planted to your insurance agents. You must first report to FSA and then bring your 578 form to your agent. This provides fewer errors on planting dates and acreage planted.
If you have a prevent plant or a final claim open on corn or soybeans your claims cannot be finalized until you report your acreage with us. So the sooner you bring in your acreage planted and planting dates, the sooner you will receive your claim payment.
Just as a reminder as these crops are growing they are susceptible to the hail that comes along in some of these storms. You can protect your crops with only $2 - $3 per acre.
Again, as soon as you are finished planting, report to FSA and then to your insurance agent. View this update and others online at Blog4020.blogspot.com. Or phone the Sewell Agency at 660-646-4020 your connection to crop protection.
Tuesday, June 12, 2007
Week #6, Important Dates To Remember
This is Lonnie Sewell with this week’s crop insurance update.
This week’s topic is Important dates To Remember and is brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
1St Date, June 5th; Final date to plant corn without late plant penalty which is 1% per day. Unless this is a replant, then the original plant date is used, regardless when it was replanted.
June 10th, normally the date considered as not practical to replant corn.
June 20th, final date to plant soybeans without late plant penalty.
July 15th, final date to report planted acres to your crop insurance agent.
Do yourself and your agent a favor, as soon as you finish planting, report to the FSA then your crop insurance Agent. Beat the Rush. Phone the Sewell Agency at 660-646-4020 your connection to crop protection.
This week’s topic is Important dates To Remember and is brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
1St Date, June 5th; Final date to plant corn without late plant penalty which is 1% per day. Unless this is a replant, then the original plant date is used, regardless when it was replanted.
June 10th, normally the date considered as not practical to replant corn.
June 20th, final date to plant soybeans without late plant penalty.
July 15th, final date to report planted acres to your crop insurance agent.
Do yourself and your agent a favor, as soon as you finish planting, report to the FSA then your crop insurance Agent. Beat the Rush. Phone the Sewell Agency at 660-646-4020 your connection to crop protection.
Monday, June 4, 2007
Crop Hail Insurance
Hi this is Lonnie Sewell of the Sewell Agency in Chillicothe with this week’s crop insurance update. Monday, Wednesday and Friday at 9:15 am.
Well now that most of the acres have been planted and are coming up. A new risk is facing us.
This week’s topic is Hail.
And this program is sponsored by AgriServe one of our preferred crop hail insurance providers. Because of what insurance companies call a soft market. Crop hail providers have lowered their premium rates to near record lows such as $300 coverage on corn for less than $2.50 per acre. That is the lowest I have seen in 25 years. Your multi peril insurance covers hail damage but you have a rather large deductible. For example if you bought 70% coverage on crop insurance the top 30%, which is usually the profit, is not covered. Or you could have a large loss in one or two fields in a Unit and because of averaging your production not be eligible for a loss. Crop hail insurance is simple; if you have hail damage you get paid. Also other coverage’s come with this policy such as fire, some wind and grain in on farm storage. This wheat is extremely exposed right now. If you haven’t yet, consider spending a few dollars per acre to protect it.
This is Lonnie Sewell with this week’s crop insurance update. Phone 800-281-4020 your connection for crop protection.
Well now that most of the acres have been planted and are coming up. A new risk is facing us.
This week’s topic is Hail.
And this program is sponsored by AgriServe one of our preferred crop hail insurance providers. Because of what insurance companies call a soft market. Crop hail providers have lowered their premium rates to near record lows such as $300 coverage on corn for less than $2.50 per acre. That is the lowest I have seen in 25 years. Your multi peril insurance covers hail damage but you have a rather large deductible. For example if you bought 70% coverage on crop insurance the top 30%, which is usually the profit, is not covered. Or you could have a large loss in one or two fields in a Unit and because of averaging your production not be eligible for a loss. Crop hail insurance is simple; if you have hail damage you get paid. Also other coverage’s come with this policy such as fire, some wind and grain in on farm storage. This wheat is extremely exposed right now. If you haven’t yet, consider spending a few dollars per acre to protect it.
This is Lonnie Sewell with this week’s crop insurance update. Phone 800-281-4020 your connection for crop protection.
Week #5 Prevent Plant
Hi this is Lonnie Sewell of the Sewell Agency in Chillicothe with this weeks Crop insurance update. Well last week a lot of planting and replanting went on. Fortunately for many farmers most of the acres that looked like would be prevent plant just a week or two ago are getting planted. For those with buy-up crop insurance this raises your coverage protection from 60% of your guarantee to 100%. I know there are many areas that are still under water or have been damaged and will not be planted in 2007. But that is what you prevent plant coverage is for. This is a one year payment and you will be expected to have the fields ready to plant by 2008. The policy says the prevent plant loss damage has to occur after crop sales closing date of that year which is March 15th. It has rained for the past several days and certainly not what these newly planted crops need. If you have to replant be sure to contact your agent before starting. For those of you with revenue type coverage, corn replant payment is about $32, per acre and soybeans, about $24. If you have a topic you would like discussed send it to sewellagency@cmuonline.net or just call it in.
All of the topics discussed on this program are available online at blog4020.blogspot.com.
This is Lonnie Sewell with this weeks crop insurance update phone 800-281-4020 your connection to crop protection.
All of the topics discussed on this program are available online at blog4020.blogspot.com.
This is Lonnie Sewell with this weeks crop insurance update phone 800-281-4020 your connection to crop protection.
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