Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is Wheat Insurance, Wheat Yields and brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
Wheat yields are due to your agent now. Your agent wants to give you the most accurate quote on your wheat insurance cost for the 2008 year. But to do so they need your 2007 wheat yields turned in.
If you do not carry wheat insurance now but would like to, gather any past production history you have and bring it to us and we can give you some quotes to help you get the best insurance on your wheat. You have until September 30th to do this so don’t wait come in today to get signed up.
There are 2 types of insurance products, APH & Revenue. The APH product guarantees the yield of your crop. The Revenue product guarantees the yield plus the price. So with the price of wheat today I suggest you highly consider the Revenue products for your 2008 Wheat. If you would like to change your insurance product you need to do so by September 30th.
Just a reminder your soybeans could still receive some hail damage so call us to insure those beans for the remainder of the summer. View this update and others online at Blog4020.blogspot.com. Or phone the Sewell Agency at 660-646-4020 your connection to crop protection.
Showing posts with label Crop Insurance. Show all posts
Showing posts with label Crop Insurance. Show all posts
Friday, August 31, 2007
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.
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.
Tuesday, July 31, 2007
Week 12 - WHEAT YIELDS AND REVIEWING COVERAGE SCHEDULES
This is Lonnie Sewell, crop insurance agent, with this week’s update, brought to you by Sewell Agency and ASI Crop-Hail ins.
This week we have several topics-The 1st one is wheat yield reporting. Do it now while it is fresh on your mind. Also, review your insurance coverage schedules when you get them back from your company. It is a lot easier to correct now than in the fall if you have a loss. A small error now could be costly later.
Wildlife damage -Did you know that wildlife damage is covered. If you have one of those fields that deer, turkey, and other animals just riddle, you may be eligible for a loss payment. However, livestock damage is not a payable loss, nor is chemical damage. In those cases the responsible party should pay.
Disaster Program-Sign up for the 2005-2006 spring crop and 2007 wheat Crop Disaster program. – Sign up may start in late August.
Don’t forget to protect those expensive crops with some inexpensive crop-hail insurance from ASI.
View all the crop updates online at Blog4020.Bogspot.com or call 800-281-4020, your connection to crop protection.
This week we have several topics-The 1st one is wheat yield reporting. Do it now while it is fresh on your mind. Also, review your insurance coverage schedules when you get them back from your company. It is a lot easier to correct now than in the fall if you have a loss. A small error now could be costly later.
Wildlife damage -Did you know that wildlife damage is covered. If you have one of those fields that deer, turkey, and other animals just riddle, you may be eligible for a loss payment. However, livestock damage is not a payable loss, nor is chemical damage. In those cases the responsible party should pay.
Disaster Program-Sign up for the 2005-2006 spring crop and 2007 wheat Crop Disaster program. – Sign up may start in late August.
Don’t forget to protect those expensive crops with some inexpensive crop-hail insurance from ASI.
View all the crop updates online at Blog4020.Bogspot.com or call 800-281-4020, your connection to crop protection.
Thursday, July 19, 2007
Week # 11 - Acreage Reports / Double Crop Beans / Wheat Yields
Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is verifying your acreage report, double crop beans, and Wheat yields and brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
Now that you have reported all of your acres to your agent be sure and take a look at the completed form they will send out to you when they have entered that information into their database. If there is an error it will be easier to fix now than in the fall.
If you have some double crop beans, they are not insurable through the multi-peril insurance but you can insure them on a hail policy. That would give you some protection and would only cost a few dollars per acre. So be sure you protect all of your crops from those hail storms including your double crop beans.
It is time for you to report your wheat yields to your insurance agent and a reminder if you keep grain for seed, be sure and add that to your yield before giving to your 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.
Now that you have reported all of your acres to your agent be sure and take a look at the completed form they will send out to you when they have entered that information into their database. If there is an error it will be easier to fix now than in the fall.
If you have some double crop beans, they are not insurable through the multi-peril insurance but you can insure them on a hail policy. That would give you some protection and would only cost a few dollars per acre. So be sure you protect all of your crops from those hail storms including your double crop beans.
It is time for you to report your wheat yields to your insurance agent and a reminder if you keep grain for seed, be sure and add that to your yield before giving to your 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.
Thursday, July 5, 2007
PREVENTIVE PLANTING
Wanted to give a quick update. Preventive Planting! If you have any preventive planting acres of corn or soybeans you have to report those claims to your insurance agent on or before acreage reporting date which is July 15th. So be sure you get your crops reported and any possible preventive planting reported to your agent and FSA as soon as possible.
Wednesday, July 4, 2007
Week #9 Wheat yields and Crop Reporting
Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is Wheat yield, claims and crop reporting and brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
Many farmers are in the fields harvesting wheat and with that comes reporting those yields to your insurance agent. If your yield is averaging close to your guarantee you could still possibly have a claim because of test weight. So if you think you are close, call us and let the adjuster determine if you qualify for a loss.
Some farmers after harvesting wheat will plant soybeans, this is called double crop. Be sure when you report to FSA and your insurance agent you inform them of any double cropping, preventive planting, or a crop after a failed crop.
You work hard for your crops, don’t let a terrible hail storm come through and ruin them, protect your investment with a few dollars an acre of hail coverage from Agriserve Crop Hail Insurance.
Reminder you still need to have all of your crops reported to your agent by July 15, so you have this week to report to FSA and then to your agent. Here at Sewell Agency, we will be extending our hours this week from 7:30 am to 5:30 pm to help you report to us.
View this update and others online at Blog4020.blogspot.com. Or phone the Sewell Agency at 660-646-4020 your connection to crop protection.
Many farmers are in the fields harvesting wheat and with that comes reporting those yields to your insurance agent. If your yield is averaging close to your guarantee you could still possibly have a claim because of test weight. So if you think you are close, call us and let the adjuster determine if you qualify for a loss.
Some farmers after harvesting wheat will plant soybeans, this is called double crop. Be sure when you report to FSA and your insurance agent you inform them of any double cropping, preventive planting, or a crop after a failed crop.
You work hard for your crops, don’t let a terrible hail storm come through and ruin them, protect your investment with a few dollars an acre of hail coverage from Agriserve Crop Hail Insurance.
Reminder you still need to have all of your crops reported to your agent by July 15, so you have this week to report to FSA and then to your agent. Here at Sewell Agency, we will be extending our hours this week from 7:30 am to 5:30 pm to help you report to us.
View this update and others online at Blog4020.blogspot.com. Or phone the Sewell Agency at 660-646-4020 your connection to crop protection.
Wednesday, June 27, 2007
Week 8 Reporting different crop practices
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.
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.
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.
Wednesday, May 30, 2007
Week 4 Replant/Prevent Plant
Hi! This is Lonnie Sewell with the Sewell Agency bringing you this week’s crop insurance update.
This week we have had a lot of calls about replanting Corn. Buy up crop insurance pays 8X the bushel price which on Corn is $4.06 or a total of up to $32.50 per Acre.
However most of the calls have been about prevented planting. For corn, June 5th is the date. If the ground is truly unplantable, you should be eligible for a prevent plant payment. There are some guidelines such as regardless how many acres you intended to plant to corn this year. Your prevent plant for corn will be limited to the maximum number of corn acres you have planted in any of the previous 4 years, unless you have added land for 2007. Then you will be eligible for increased acres. We hope you have a good week farming. This update was brought to you by the Sewell Agency in Chillicothe. Phone 800-281-4020 your connection to crop protection.
This week we have had a lot of calls about replanting Corn. Buy up crop insurance pays 8X the bushel price which on Corn is $4.06 or a total of up to $32.50 per Acre.
However most of the calls have been about prevented planting. For corn, June 5th is the date. If the ground is truly unplantable, you should be eligible for a prevent plant payment. There are some guidelines such as regardless how many acres you intended to plant to corn this year. Your prevent plant for corn will be limited to the maximum number of corn acres you have planted in any of the previous 4 years, unless you have added land for 2007. Then you will be eligible for increased acres. We hope you have a good week farming. This update was brought to you by the Sewell Agency in Chillicothe. Phone 800-281-4020 your connection to crop protection.
Week 3 Corn & the Flood
This is Lonnie Sewell with the Sewell Agency in Chillicothe with this week’s crop insurance update.
Let’s talk about planted corn that has flooded or washed out. If the ground won’t plant by June 5th you may qualify for a final claim. If you choose not to plant to another crop such as soybeans or Milo you should get 100% of your guaranteed indemnity for corn.
If you choose to plant another crop after June 5th your corn claim and premium will be reduced to 35% of your guarantee and the second crop will be insurable. But be careful this will affect your APH or average yield. It may not be worth the 35% payment to have a “0” in your yield history and be sure to work with the numbers before you plant a second crop. The 65% payment you lose might be more than the second crop will make. This is the Sewell Agency in Chillicothe phone 800-281-4020. Your connection to crop protection.
Let’s talk about planted corn that has flooded or washed out. If the ground won’t plant by June 5th you may qualify for a final claim. If you choose not to plant to another crop such as soybeans or Milo you should get 100% of your guaranteed indemnity for corn.
If you choose to plant another crop after June 5th your corn claim and premium will be reduced to 35% of your guarantee and the second crop will be insurable. But be careful this will affect your APH or average yield. It may not be worth the 35% payment to have a “0” in your yield history and be sure to work with the numbers before you plant a second crop. The 65% payment you lose might be more than the second crop will make. This is the Sewell Agency in Chillicothe phone 800-281-4020. Your connection to crop protection.
Week 2 Buy Up Crop Insurance
Hi! This is Lonnie Sewell of the Sewell Agency in Chillicothe with our 1st of a series of Crop Insurance informational updates.
What a difference a week makes. 1 week ago the most talked about thing involving crop insurance was what to do about the wheat but with all the flooding I think I had better talk about our options and what we can do or can’t do.
Right now if you have buy up crop insurance meaning something more than a Cat Policy and you had a crop planted and it was damaged by all the rain or is still underwater all you can turn in is a replant claim today. I know what some of you are thinking, Replant! My farm is 5’ under water! But until June 5th for corn and 20th for soybeans the government expects us to try to get a crop planted. After that date we have some options. Such as final settlement, then go to another crop of leave it bare. On the ground not planted more options. Prevent plant. Prevent plant then go to another crop. We will discuss these options next week. Be sure to contact you r agent for more information. This message was brought to you by The Sewell Agency in Chillicothe. Phone 1-800-281-4020, your connection to Crop Protection.
What a difference a week makes. 1 week ago the most talked about thing involving crop insurance was what to do about the wheat but with all the flooding I think I had better talk about our options and what we can do or can’t do.
Right now if you have buy up crop insurance meaning something more than a Cat Policy and you had a crop planted and it was damaged by all the rain or is still underwater all you can turn in is a replant claim today. I know what some of you are thinking, Replant! My farm is 5’ under water! But until June 5th for corn and 20th for soybeans the government expects us to try to get a crop planted. After that date we have some options. Such as final settlement, then go to another crop of leave it bare. On the ground not planted more options. Prevent plant. Prevent plant then go to another crop. We will discuss these options next week. Be sure to contact you r agent for more information. This message was brought to you by The Sewell Agency in Chillicothe. Phone 1-800-281-4020, your connection to Crop Protection.
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