Sign-Up Period Initiates Crop Insurance Changes
August 18, 2010 by lmorgan
Farmers who insure yield or revenue for fall-planted crops will be among the first to deal with changes that will affect all policies for crops produced in 2011.
The deadline for securing coverage of fall crops – primarily winter wheat – is Thursday, September 30, notes Rhonda Smith, vice president of insurance for Farm Credit Services of America (FCSAmerica). The company serves farmers and ranchers in Iowa, Nebraska, South Dakota and Wyoming.
“There are a number of changes that will affect crop insurance coverage going forward,” said Smith. “One of the more significant is that the old Crop Revenue Coverage and Revenue Assurance policies have been combined in a Revenue Protection policy.
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