MPCI in all of its forms provides protection against crop yield loss by allowing policy holders to insure a chosen percentage of their Actual Production History (APH). Policies protect a variety of crops against all natural perils.
Crop-Hail products insure against the perils of hail, fire, lightning and transit. These products allow the grower added flexibility when it comes to protecting one's investment. Policies include various coverage levels and deductibles. Within the crop insurance field it has long been assumed that your MPCI covers your expenses and your Crop-Hail covers your profits.
Wrapping Up Acreage Reporting
After receiving planting information from farmers it is Buck Agency's responsibility to traverse from the FSA 578 forms to they Acreage Reporting form, which in turn, generates your Schedule of Insurance. Risk Management Agency's requirement mandates 100% of acreage reporting be done to the common land unit. Additionally, allowing time along the way for keying and checking each other's work for accuracy, this has made for a more time consuming acreage reporting period than other years. We appreciate your patience over the course of this process.
Look for your Schedule of Insurance to be arriving in mail within the next week. Please review it for accuracy and promptly bring any corrections that need to be made to our attention.
Contacting Buck Agency prior to chopping silage permits us time to schedule an adjuster to appraise the acres that you are going to cut while the field is still standing and eliminates the need for test strips. Call our office to let us know! 605.997.3744
Currently in discovery, the 2016 projected spring prices are set in the month of February with December 2016 corn futures and November 2016 soybean futures. For those on a revenue protection plan, the 2016 harvest prices will be determined the month of October, again, using December 2016 corn futures and November 2016 soybean futures. http://prodwebnlb.rma.usda.gov/apps/PriceDiscovery/GetPrices/YourPrice
Click on the table to visit the RMA Discovery Price page. Input the required fields to see the desired price.
In the News:
Active Weather Pattern Ahead by SDSU iGrow, April 21st, 2016 Warmer than average temperatures are forecast to continue through May and the next few months, according to a National Oceanic Atmospheric Administration's (NOAA) April 21, 2016 Climate Prediction Center Outlook.
Weekly Basis Review by Bryce Knorr, Corn basis has winners, losers in cash market, April 28th, 2016 Future prices for corn have been nothing if not volatile lately. And the cash market proved it can ride that roller coaster too, with basis changes varying widely this week.
Predicting Peak Forage Production by SDSU iGrow, April 19th, 2016 Research has shown that April precipitation is one key predictor of growing season forage production in our region.
Web Soil Survey (WSS) by USDA Natural Resources Conservation Service (NRCS) (USDA) - Web Soil Survey (WSS) provides soil data and information produced by the National Cooperative Soil Survey.