Multi-Peril Crop InsuranceMPCI 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 Insurance
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.
|
Harvest Prices Finalized - See below for Prices
With fall prices set, we encourage our revenue policyholders to reevaluate their harvested production for losses. Keep in mind with a 10.7% & 13.2% price decrease on corn and soybeans respectively, it takes more bushels to meet a dollar guarantee.
To wrap up harvest season on the crop insurance end, we need a completed production report. Bring us your harvested bushels and we will get the report completed and signed. Early reporting will ensure that we have any losses discovered and submitted in a timely fashion.
Revenue Policy holders need to reassess their guaranteed bushels now that the fall prices are established. By reporting your production, we can let you know where you stand after the prices have been established.
Losses need to be submitted with in 72 hours of discovery and before the end of insurance date.
Revenue Policy holders need to reassess their guaranteed bushels now that the fall prices are established. By reporting your production, we can let you know where you stand after the prices have been established.
Losses need to be submitted with in 72 hours of discovery and before the end of insurance date.
2024 Harvest Prices Established
The 2024 Harvest Prices are used to determine the value of your harvested bushels. A decrease in price can put Revenue Protection policyholders in a loss situation, even if they have meet the bushel guarantee listed on their Schedule of Insurance. Remember, we are here to assist you in determining if you are in a loss situation. Reporting production early helps us meet crop insurance deadlines for submitting claims.
Projected (Spring/Base) PriceEstablished: February 1st - 28th
Based on: - Corn: CBOT December Contract - Soybeans: CBOT November Contract |
Harvest (Fall) PriceEstablished: October 1st - 31st
Based on: - Corn: CBOT December Contract - Soybeans: CBOT November Contract |
In the News:
Managing Soil: Maximizing Profit Meeting & Southeast Research Farm Annual Business Meeting
Tuesday, December 10th, 2024 (https://extension.sdstate.edu/)
The Manage Soil: Maximizing Profit Meeting will be held on Tuesday, December 10, 2024, from 9:45 a.m. to 3:30 p.m. at the Wagner Movie Theater Banquet Room (218 Main Ave. S. Wagner, SD 57380). The Southeast Research Farm Annual Meeting will also occur from 12:45-1:00 p.m.
SDSU Extension to host 2023 South Dakota Climate Summit
(https://extension.sdstate.edu/)
July 14, 2023
Brookings, S.D. - SDSU Extension will host a South Dakota Climate Summit on Aug. 1-2, 2023, at the Arrowwood Resort in Oacoma, South Dakota.
La Nina's Third Year Concludes With Cold Temperatures
January 26 ,2023 (https://extension.sdstate.edu/)
SDSU Extension, in partnership with the South Dakota Grassland Coalition, the Natural Resources Conservation Services, and others will host a two-day prescribed fire workshop tailored to private landowners April 18-19 in Brandon.
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.
Agricultural Economics Resources
2023
(Purdue University) - Utilize the Research and Extension drop-down menus
Tuesday, December 10th, 2024 (https://extension.sdstate.edu/)
The Manage Soil: Maximizing Profit Meeting will be held on Tuesday, December 10, 2024, from 9:45 a.m. to 3:30 p.m. at the Wagner Movie Theater Banquet Room (218 Main Ave. S. Wagner, SD 57380). The Southeast Research Farm Annual Meeting will also occur from 12:45-1:00 p.m.
SDSU Extension to host 2023 South Dakota Climate Summit
(https://extension.sdstate.edu/)
July 14, 2023
Brookings, S.D. - SDSU Extension will host a South Dakota Climate Summit on Aug. 1-2, 2023, at the Arrowwood Resort in Oacoma, South Dakota.
La Nina's Third Year Concludes With Cold Temperatures
January 26 ,2023 (https://extension.sdstate.edu/)
SDSU Extension, in partnership with the South Dakota Grassland Coalition, the Natural Resources Conservation Services, and others will host a two-day prescribed fire workshop tailored to private landowners April 18-19 in Brandon.
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.
Agricultural Economics Resources
2023
(Purdue University) - Utilize the Research and Extension drop-down menus