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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)

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.

  • 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!