8-11 FB Crop Insurance

 USDA Announces Expansion of the Mutli-Peril Crop Insurance Canola/Rapeseed Program ?and Reminds Producers of Fast Approaching Sales Closing Dates. USDA’s Risk Management Agency announced the crop expansion availability of a Canola/Rapeseed Multi-Peril Crop Insurance program. Current policyholders and uninsured growers must make all of their decisions on crop insurance coverage, especially which crops to insure and which level and type of coverage to obtain, prior to the sales closing date. ??RMA reminds producers of the important link between Federal crop insurance and Farm Service Agency (FSA) Supplemental Agricultural Disaster Assistance programs for the 2011 crop year. To maintain eligibility for FSA’s disaster programs, producers must have a policy or plan of insurance at the catastrophic level of coverage or higher. RMA?spokesperson Jo Lynne Seufer talks about benefits: “ When producers have the risk policy available, they’re more apt to plant the crop in case there’s a failure.” 

If there is no coverage in a county for a specific crop under the traditional MPCI program, producers may ask a crop insurance agent whether they would be eligible for coverage under a written agreement.  For those crops that are non-insurable, a producer may also buy coverage under the Noninsured Crop Disaster Assistance Program.