Crop insurance deadline just days away

Crop insurance deadline just days away

Washington Ag Today January 22, 2010 February 1st is the sales closing date for some crop insurance programs. Jo Lynne Seufer of the regional office of the Risk Management Agency says that is the final date to obtain or change Adjusted Gross Revenue Pilot program coverage.

Seufer: “Existing holders though, for the Adjusted Gross Revenue-Lite, also have to apply and confirm their carryover policies by that date. And that is for all producers in Alaska, Idaho, Oregon and Washington.”

New applications for AGR-Lite can be made until March 15th.

February 1st is also the sales closing date to obtain or change insurance coverage for 2010 spring planted onions in the northwest and cabbage in Washington and Oregon.

Agricultural machinery manufacturers anticipate overall continued weakness in U.S. and Canadian tractor sales in 2010. That is according to the annual "outlook" survey of the Association of Equipment Manufacturers.

For all sizes of two-wheel tractors, however, the declines are expected to be less steep than 2009 losses. Double-digit decreases are expected for four-wheel-drive tractors, following relatively flat business in 2009. Combine sales are predicted to drop in the double digits for 2010 after 2009 sales growth. Sales of tractors and combines are then predicted to start rebounding through 2011 and 2012.

For other types of farm-related equipment covered in the survey, overall 2010 demand for most products in the U.S. and Canada is expected to improve after 2009 business declines.

I’m Bob Hoff and that’s Washington Ag Today on the Northwest Ag Information Network.

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