News

As many of you have heard, the continuing resolution that extended the disaster assistance programs (including WHIP+) for 2020 and 2021 was signed into law on September 30th.  The law appropriated $10B for 2020 & 2021 crop losses for producer’s across the country that have experienced severe weather conditions.  Some of the key highlights are

Margin Protection With higher commodity prices and rising input costs there has been some renewed interest in Margin Protection. The Margin Protection (MP) plan of insurance is available for wheat, corn, and soybeans in most of our region. Margin Protection can be purchased by itself or in conjunction with a Revenue Protection (RP) or Yield

Regarding your crop insurance and some things you will want to keep in mind as you get into harvest:   2021 MPCI Billing Change Due to the ongoing drought, RMA announced that interest for MPCI policies could be deferred for an addition 60 days. Payments need to be postmarked by Nov. 30th to avoid interest