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Thursday, August 2, 2007

Week # 13 - Wheat Harvest Price, Your Claims and Wheat Yields

Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is Wheat harvest price, your early claims, Wheat Yields and brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
The Harvest price for Wheat turned out very favorable it landed at $6.02. Which means if you had wheat claim early this spring and was paid on the $4.52 price then the insurance company will come back and pay you the difference which will be $1.50 per bushel more coming to you. If your loss has not been paid then your claim will be worked on the $6.02 price.
Now that you have harvested your wheat it is time for you to report those yields to your agent. Do it now while you still have your tickets out and it is fresh on your mind. Now is also the time to adjust your coverage on your wheat policies and purchase wheat coverage if you have none at this time. But you need to come in and sign up for a wheat policy.
Don’t forget about your spring crops, come in and sign up for a hail policy that will cover those crops for a few dollars an acre.
Phone the Sewell Agency at 660-646-4020 your connection to crop protection.

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