USDA to host session on crop insurance in Adrian
"The direct feedback
and input that will come
out of this session is
vital in improving
insurance coverage for prevented planting."
Brian FriedenDirector of the RMA
The session is for producers to provide comments on the Prevented Planting Request for Information published in the
The listening session will be from
"We are excited to have this opportunity to meet with producers and receive comments about such an important issue as prevented planting and the topics that are being considered,"
Prevented planting insurance provisions provide coverage when extreme weather conditions prevent expected plantings, the release said. Prevented planting is when a producer is unable to plant an insured crop due to an insurable cause of loss in time to grow a viable crop. Final planting dates and late planting periods are detailed in a producer's crop insurance policy, and they vary by crop and location. Prevented planting coverage is intended to assist with normal costs associated with preparing the land up to the point of seed going into the ground.
The
Harvest Price Option: Feedback on whether to allow the prevented planting payment calculations to be based on the higher of the projected price or the harvest price under the revenue protection plan of insurance.
"1 in 4" Rule: Input on the challenges or experiences since the rule (to be eligible for prevented planting coverage, acreage must have been planted to a crop, insured, and harvested in at least 1 out of the previous 4 crop years) was implemented nationwide.
10% additional coverage option: Input on if RMA should reinstate the option to buy-up prevented planting coverage by 10%.
Contract price: Whether prevented planting costs are higher for contracted crops and how prevented planting payments should be calculated for contract crops.
General: Willingness to pay additional premium for expanded prevented planting benefits, recommendations on other prevented planting limitations, etc.
"The direct feedback and input that will come out of this session is vital in improving insurance coverage for prevented planting," Frieden added.
The request for information, which includes specific questions and instructions for submitting written feedback by
"The direct feedback
and input that will come
out of this session is
vital in improving
insurance coverage for prevented planting."
Brian FriedenDirector of the RMA
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