Hello, this is Lonnie Sewell with this week’s crop insurance update, brought to you by the Sewell Agency in Chillicothe.
Well, here we are beginning a new year and I think it’s a good time to talk about new changes in crop insurance.
The biggest change this year for corn is the B.E. or Biotech Endorsement. This is an agreement between the grower and the government saying if the grower will use the new biotechnology seed, the government will allow a considerable discount in your crop insurance premium. This sounds great and it is. You don’t have to use it on all your acres, but the insurance companies are required to test a high percentage of the acres with this discount. The grower must keep good records to know for sure which fields are and which aren’t biotech seed. You will get to choose the fields they test, but we need to be sure because if the test fails, not only the discounted fields lose their coverage - you lose all corn coverage.
Before you take advantage of this discount, make sure your seed qualifies and you are prepared to keep track of it.
For more information, call the Sewell Agency at 660-646-4020.
Your Connection to Crop Protection
Tuesday, December 30, 2008
Monday, December 22, 2008
Happy Holidays from the Sewell Agency
Hello, this is Lonnie Sewell with your Holiday Crop Insurance update, brought to you by the Sewell Agency in Chillicothe.
I think we all will remember 2008 and its roller coaster ride of challenges and emotions. Starting out with record high crop prices to replanting, flooding and unprecedented rain. Then, to top it all off, drastically lower Fall prices. I think we are all ready to welcome in a new year.
I hope financially you all had a good year, either by crop sales or crop insurance loss payments.
We at the Sewell Agency had four times the amount of high dollar loss payments as ever before. Thank goodness for Revenue insurance! Whatever the reason, I hope you had a rewarding 2008.
From Lonnie, Earlene, Tanya and Laura, the Sewell Agency hopes we informed and educated you about your crop insurance coverage, and we all wish you a Merry Christmas and a Happy New Year!
I think we all will remember 2008 and its roller coaster ride of challenges and emotions. Starting out with record high crop prices to replanting, flooding and unprecedented rain. Then, to top it all off, drastically lower Fall prices. I think we are all ready to welcome in a new year.
I hope financially you all had a good year, either by crop sales or crop insurance loss payments.
We at the Sewell Agency had four times the amount of high dollar loss payments as ever before. Thank goodness for Revenue insurance! Whatever the reason, I hope you had a rewarding 2008.
From Lonnie, Earlene, Tanya and Laura, the Sewell Agency hopes we informed and educated you about your crop insurance coverage, and we all wish you a Merry Christmas and a Happy New Year!
Tuesday, November 11, 2008
Pasture & Hayland Program Meeting
A farm informational meeting will be held Friday morning at the Grand River Inn in Chillicothe.
David Mannely of the Livingston County FSA will speak on the new Farm Programs for 2009.
Then, David Brown from Pro Ag Crop Insurance will speak on the new Rainfall Insurance for hay and pasture.
This meeting is open to the public and will start at 7:30 a.m. with a complimentary buffet style breakfast, and should be over before 10:00 am. The Sewell Agency is sponsoring this meeting, along with Chillicothe MFA Exchange and rafterconline.net.
RSVP not required, but to insure plenty of food it would be appreciated. To RSVP, phone the Sewell Agency at 646-4020 or MFA at 646-5000.
That’s this Friday 7:30 am at Grand River Inn in Chillicothe.
David Mannely of the Livingston County FSA will speak on the new Farm Programs for 2009.
Then, David Brown from Pro Ag Crop Insurance will speak on the new Rainfall Insurance for hay and pasture.
This meeting is open to the public and will start at 7:30 a.m. with a complimentary buffet style breakfast, and should be over before 10:00 am. The Sewell Agency is sponsoring this meeting, along with Chillicothe MFA Exchange and rafterconline.net.
RSVP not required, but to insure plenty of food it would be appreciated. To RSVP, phone the Sewell Agency at 646-4020 or MFA at 646-5000.
That’s this Friday 7:30 am at Grand River Inn in Chillicothe.
Friday, November 7, 2008
This is Tanya Stimpson with this week’s crop insurance update brought to you by Sewell Agency. This week’s topic is PRF farmers meeting and RA insurance.
November 14th 7:30am at Grand River Inn we, at Sewell Agency along with David MeNeely CED of the Livingston county Office will be having an educational Farmers meeting on the new Pasture and Hay land Insurance that has come to Mo. David will be talking about the Sure and Disaster Programs and we will hit on the new Pasture and Hayland Drought coverage. Breakfast will start at 7:30 and the meeting will begin at 8am RSVP is not required but is really appreciated. You can call us at 1-800-281-4020.
With the price of the spring crops down everyone is talking about their Revenue insurance and how does it work. It does not matter what you get out of your beans you can be selling it now at the elevator for $5-$6 or you could have contracted them for $15. The insurance goes off of the Chicago Board of Trade and the harvest price came in at $9.22. Example is you were guaranteed $375. per acre your original yield guarantee is 28 bus per acre. You now take the $375 you are guaranteed and divide by the new price of $9.22 which gives you your new bushel guarantee of 40.6 bus per acre. Now if your yield falls below the 40.6 bus per acre you have a claim.
One final thing the wheat acreage reports are due to your agent by the end of November. Even if you have zero acres planted let us know.
Remember you can view all of the updates at Blog4020@blogspot.com or call The Sewell Agency at 800-281-4020 your connection to crop protection.
November 14th 7:30am at Grand River Inn we, at Sewell Agency along with David MeNeely CED of the Livingston county Office will be having an educational Farmers meeting on the new Pasture and Hay land Insurance that has come to Mo. David will be talking about the Sure and Disaster Programs and we will hit on the new Pasture and Hayland Drought coverage. Breakfast will start at 7:30 and the meeting will begin at 8am RSVP is not required but is really appreciated. You can call us at 1-800-281-4020.
With the price of the spring crops down everyone is talking about their Revenue insurance and how does it work. It does not matter what you get out of your beans you can be selling it now at the elevator for $5-$6 or you could have contracted them for $15. The insurance goes off of the Chicago Board of Trade and the harvest price came in at $9.22. Example is you were guaranteed $375. per acre your original yield guarantee is 28 bus per acre. You now take the $375 you are guaranteed and divide by the new price of $9.22 which gives you your new bushel guarantee of 40.6 bus per acre. Now if your yield falls below the 40.6 bus per acre you have a claim.
One final thing the wheat acreage reports are due to your agent by the end of November. Even if you have zero acres planted let us know.
Remember you can view all of the updates at Blog4020@blogspot.com or call The Sewell Agency at 800-281-4020 your connection to crop protection.
Thursday, October 30, 2008
Wheat AR & Spring Crop PR & Farmers Meeting
This is Tanya Stimpson with this week’s crop insurance update brought to you by Sewell Agency. This week’s topic is wheat Acreage reports, corn and bean production report and information on a farmers meeting for Pasture and Forage coverage.
There has been some heavy field work this week. With this also come records. Wheat has to be planted by October 31 and then reported to your insurance agent by end of November. And as you are cutting your beans and corn, keep your yields out and the first rainy day get them reported to your agent. It does not take a lot of time and then you will be able to put those tickets away. For claim purposes you have 15days from the last harvest day per unit to turn your yields and claim into your agent.
We are working together with David MeNeely CED of the Livingston county Office to put on a farmers meeting November 14th @ 7:30AM. David will be talking about the Sure and Disaster Programs and we will hit on the new Pasture and Hayland Drought coverage. RSVP is not required but is really appreciated. You can call us at 1-800-281-4020.
There has been some heavy field work this week. With this also come records. Wheat has to be planted by October 31 and then reported to your insurance agent by end of November. And as you are cutting your beans and corn, keep your yields out and the first rainy day get them reported to your agent. It does not take a lot of time and then you will be able to put those tickets away. For claim purposes you have 15days from the last harvest day per unit to turn your yields and claim into your agent.
We are working together with David MeNeely CED of the Livingston county Office to put on a farmers meeting November 14th @ 7:30AM. David will be talking about the Sure and Disaster Programs and we will hit on the new Pasture and Hayland Drought coverage. RSVP is not required but is really appreciated. You can call us at 1-800-281-4020.
Friday, October 17, 2008
Wheat Season & Pasture/Hay Rainfall Coverage
This is Lonnie Sewell with this week’s crop insurance update. Brought to you by the Sewell Agency in Chillicothe and ASI Crop Hail Insurance.
Wheat signup is over and next will be acreage reporting. Be sure to report your planted wheat acres as soon as you have finished planting or have decided not to plant. The early price on wheat is over 8 dollars.
The harvest price on 2008 soybeans is half way through the month and is tracking in the mid 9 dollar range. That means we may have a revenue loss, even if we have an average yield. Be sure to check with your agent immediately after harvest. The length of time to report a claim is limited after the harvest of that unit.
Pasture and Hay Rainfall Coverage will be available for 2009, but you must sign up in November 2008. The premiums look pretty good. We will probably have some meetings on this soon.
For more information, phone the Sewell Agency in Chillicothe at 660-646-4020.
Wheat signup is over and next will be acreage reporting. Be sure to report your planted wheat acres as soon as you have finished planting or have decided not to plant. The early price on wheat is over 8 dollars.
The harvest price on 2008 soybeans is half way through the month and is tracking in the mid 9 dollar range. That means we may have a revenue loss, even if we have an average yield. Be sure to check with your agent immediately after harvest. The length of time to report a claim is limited after the harvest of that unit.
Pasture and Hay Rainfall Coverage will be available for 2009, but you must sign up in November 2008. The premiums look pretty good. We will probably have some meetings on this soon.
For more information, phone the Sewell Agency in Chillicothe at 660-646-4020.
Tuesday, September 23, 2008
This is Lonnie Sewell with this week’s crop insurance update, brought to you by the Sewell Agency and ASI Crop Hail Insurance.
Wheat signup is coming to a close the end of September. We must apply or make any changes soon. Whether you intend to plant wheat or not, you may want to apply for coverage to maintain eligibility in the Disaster Program.
Also, a new Rainfall Index Program is available for 2009 on pasture and hay ground. Sign up ends November 30th. You may also need to be signed up in this plan to qualify for future FSA programs. More on this in our next up-date.
For more information, phone the Sewell Agency at 660-646-4020. Your Connection to Crop Protection.
Wheat signup is coming to a close the end of September. We must apply or make any changes soon. Whether you intend to plant wheat or not, you may want to apply for coverage to maintain eligibility in the Disaster Program.
Also, a new Rainfall Index Program is available for 2009 on pasture and hay ground. Sign up ends November 30th. You may also need to be signed up in this plan to qualify for future FSA programs. More on this in our next up-date.
For more information, phone the Sewell Agency at 660-646-4020. Your Connection to Crop Protection.
Tuesday, June 24, 2008
News Flash! ...
This is Lonnie Sewell with a special crop insurance news flash. The RMA (Risk Management Agency) has just released a bulletin saying the Crop Insurance reporting date has also been moved back to August 15th. This is great news for all of us. Now we will have more time to make decisions about prevent plant and have time for the FSA to certify our acres before making our acreage report. Remember, no other dates have changed. If you are filing prevent plant corn, you must turn in a notice of loss no later than June 30th and for soybeans it's July 15th. No late filed claims will be paid. Also, if you have any kind of a loss, even a replant, they cannot be processed until you have completed your acreage report.
The Sewell Agency, phone 660-646-4020. Your Connection to Crop Protection!
Update! Washington News Release
WASHINGTON, Jun 24, 2008 - RMA has announced it will allow additional time, until Aug 15, 2008, for submitting acreage reports for all 2008 crop year spring-seeded acreage in areas impacted by flooding and extreme weather conditions, because of the difficulty in timely reporting due to disruptions in communications and other important infrastructure.
This additional time applies to spring-seeded crop acreage for all counties in Iowa, Illinois, Indiana, Kansas, Minnesota, Missouri, Nebraska, Ohio, South Dakota, and Wisconsin.
"Insured producers are still encouraged to report acreage at their earliest opportunity," said RMA Administrator Eldon Gould. "This is because claims cannot be completed until acreage reports have been filed and liability established."
Producers are encouraged to contact their crop insurance agent for more information.
* The preceding was taken in whole from the Dept. of Agriculture RMA webpage (rma.usda.gov/news/2008/06/acreagereports.html)
This additional time applies to spring-seeded crop acreage for all counties in Iowa, Illinois, Indiana, Kansas, Minnesota, Missouri, Nebraska, Ohio, South Dakota, and Wisconsin.
"Insured producers are still encouraged to report acreage at their earliest opportunity," said RMA Administrator Eldon Gould. "This is because claims cannot be completed until acreage reports have been filed and liability established."
Producers are encouraged to contact their crop insurance agent for more information.
* The preceding was taken in whole from the Dept. of Agriculture RMA webpage (rma.usda.gov/news/2008/06/acreagereports.html)
Monday, June 23, 2008
Dates & Requirements for Crop Insurance
This is Lonnie Sewell with this week's crop insurance update, brought to you by the Sewell Agency and ASI Crop Hail Insurance.
Do you ever remember a planting season with so many different challenges? I'm not sure I do.
I am going to go over some dates and requirements we don't want to forget this Spring.
Do you ever remember a planting season with so many different challenges? I'm not sure I do.
I am going to go over some dates and requirements we don't want to forget this Spring.
- If you have unplanted land that was going to corn, you need to turn in a prevent plant claim before June 30th.
- If you are trying to claim prevent plant corn and then plant soybeans, which over all I don't think is a good idea, be sure you have a good understanding of all the dates, rules and penalties. As soon as you finish planting, go to the FSA and certify your acres. Then, report to your crop insurance agent. His report date has not been extended.
- Any beans planted after June 20th, keep a daily log so you can minimize your guarantee reduction.
Remember, when reporting plant dates, you only report the original plant date on a replant. If you replant after June 20th, there is no reduction.
For more information, contact the Sewell Agency in Chillicothe or phone 660-646-4020.
Your Connection to Crop Protection!
Monday, April 7, 2008
Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is New Breaking, Preventive Plant and Replant issues and brought to you by the Sewell Agency in Chillicothe.
A reminder to all farmers that if you are planting any ground that is now in pasture or hay you need to go to your agent’s office and fill out a acceptance for the breaking of new ground. You will also need to visit with the FSA office. You need to do this prior to planting the new ground.
A replanting reminder; if you need to replant any of your crops you need to call your agent prior to replanting the ground. There could be problems with payment if the call does not happen before.
If by chance you can not plant corn by June 5th or Soybeans by June 20th then you may qualify for Preventive Plant. PP pays you 60% of your guarantee and is based off of the last 4 years highest acreage you have planted in one year.
If we can help you with your crop insurance needs phone 800 281 4020 your connection to crop protection.
A reminder to all farmers that if you are planting any ground that is now in pasture or hay you need to go to your agent’s office and fill out a acceptance for the breaking of new ground. You will also need to visit with the FSA office. You need to do this prior to planting the new ground.
A replanting reminder; if you need to replant any of your crops you need to call your agent prior to replanting the ground. There could be problems with payment if the call does not happen before.
If by chance you can not plant corn by June 5th or Soybeans by June 20th then you may qualify for Preventive Plant. PP pays you 60% of your guarantee and is based off of the last 4 years highest acreage you have planted in one year.
If we can help you with your crop insurance needs phone 800 281 4020 your connection to crop protection.
Thursday, February 14, 2008
Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is ’07 Production Reports, New Applications or changes and new Breaking and brought to you by the Sewell Agency in Chillicothe.
If you have not turned in you 07 productions to your agent you need to do so as soon as possible. Your agent is working to give you the best possible service and they need your production to give you accurate quotes for 2008. 2008 pricing is running now and run through Feb 29th. They are running around 12.80 for Soybeans and 5.26 for Corn. Once these are set you have until March 15th to sign up a new policy for crop insurance or change any current crop insurance policy. Another reminder, if you have any ground you are taking out of pasture or hay, you need to tell you insurance agent and visit with FSA as soon as possible to insure the ground will be covered.
Sewell Agency has moved their 30th Anniversary Consignment Auction to March 31st. Call by March 11th to get in free advertising.
View this update and others online at blog4020.blogspot.com. If we can help you with your crop insurance needs phone 800 281 4020 your connection to crop protection.
If you have not turned in you 07 productions to your agent you need to do so as soon as possible. Your agent is working to give you the best possible service and they need your production to give you accurate quotes for 2008. 2008 pricing is running now and run through Feb 29th. They are running around 12.80 for Soybeans and 5.26 for Corn. Once these are set you have until March 15th to sign up a new policy for crop insurance or change any current crop insurance policy. Another reminder, if you have any ground you are taking out of pasture or hay, you need to tell you insurance agent and visit with FSA as soon as possible to insure the ground will be covered.
Sewell Agency has moved their 30th Anniversary Consignment Auction to March 31st. Call by March 11th to get in free advertising.
View this update and others online at blog4020.blogspot.com. If we can help you with your crop insurance needs phone 800 281 4020 your connection to crop protection.
Thursday, January 31, 2008
Spring Base Price & Production Reports
Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is Spring Base Price and Production Reports and brought to you by The Sewell Agency in Chillicothe.
Feb 1 was the starting time on keeping track of spring prices for Corn & Soybeans. For Soybeans they use the Feb Average of the November Futures and For Corn They use the Feb Average of the December Futures. At the end of Feb first of March they will release to us what our Spring Base price for Corn and soybeans will be. Then you have until March 15th to sign up for a new policy or change an existing Policy.
Before all of this spring excitement hits, your agents need your 2007 Corn and soybean production history turned in so they can give you accurate quotes for your 2008 insurance. So call or come by today to turn those productions in.
The Sewell Auction Service will be conducting a farm consignment auction Monday March 3rd so call us today to consign any items you may want to sell at this Farm Auction. View this update and others online at blog4020.blogspot.com. If we can help you with your crop insurance needs phone 800 281 4020 your connection to crop protection.
Feb 1 was the starting time on keeping track of spring prices for Corn & Soybeans. For Soybeans they use the Feb Average of the November Futures and For Corn They use the Feb Average of the December Futures. At the end of Feb first of March they will release to us what our Spring Base price for Corn and soybeans will be. Then you have until March 15th to sign up for a new policy or change an existing Policy.
Before all of this spring excitement hits, your agents need your 2007 Corn and soybean production history turned in so they can give you accurate quotes for your 2008 insurance. So call or come by today to turn those productions in.
The Sewell Auction Service will be conducting a farm consignment auction Monday March 3rd so call us today to consign any items you may want to sell at this Farm Auction. View this update and others online at blog4020.blogspot.com. If we can help you with your crop insurance needs phone 800 281 4020 your connection to crop protection.
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