Insures against loss in revenue due to insured multiple perils.
Enterprise Unit is all insurable acreage of the crop in the county in which you have a share on the date coverage begins.
COVERAGE LEVEL ELECTION
50% level through 75% level.
NOTE: An administrative fee of $50.00 applies to policies with a level election of 50, 55, & 60 percent, and a $10.00 administrative fee applies to policies with a level election of 65, 70, & 75 percent. Catastrophic Coverage (CAT) is available. An administrative fee of $50 for CAT per crop, not to exceed $200.00 for the county or $600.00 per farmer for multi-county producers.
Projected Price and Harvest Price (100% of policy defined average commodity contract price traded on the Commodity Exchange as defined in the policy provisions.)
APH Yield X Projected Price X Level Election
Based on APH yield multiplied by projected price (spring commodity price).
New rating model incorporating yield and price variability.
LATE AND PREVENTED PLANTING
These provisions provide protection on acreage that is planted late or that cannot be planted by the final planting date or within the 25 day late-planting period. Please consult your crop insurance agent to determine eligibility factors.
Grain Sorghum – Armstrong, Bailey, Carson, Castro, Cochran, Dallam, Deaf Smith, Gray, Hale, Hansford, Hartley, Hockley, Hutchinson, Lamb, Moore, Ochiltree, Oldham, Parmer, Potter, Randall, Runnels, Sherman, Swisher, Terry, Yoakum.
- 92B1 Basic Policy Provisions
- Income Protection “Specified Crop” Provisions
- Acknowledgment of Differences