Insurance

SPRING PRICE DISCOVERY Crop insurance revolves around two prices, the “Spring Projected Harvest Price” and the “Fall Final Harvest Price”. The “Spring Projected Harvest Price” is set using the average closing prices of the December corn contract and the November soybean contract during the month of February. The “Fall Final Harvest Price” is set by […]

With the passage of the 2014 Farm Bill, essential price protection and federal farm subsidy provisions were directly linked to compliance with, and certification of compliance to, wetland and erodable land provisions within FSA and NRCS guidelines. Non-compliance, or failure to complete the certification form AD-1026 (to be on file with the local FSA office),

Without any doubt, as a fellow member of the farming community, you have been asking more questions this year regarding what to plant, and where, than probably at any time in the past decade – or two. With the U.S. / China trade war continuing its roller coaster ride, the White House considering renegotiations with

2019 has been a crazy weather year. The bomb cyclone of March in Nebraska. Now massive snow early October for North Dakota. Sure they are used to cold and some snow but I don’t think anyone is ready for a foot or more of snow in October. Except maybe me if it was on a

Midplains Ag is happy to share the great announcement that USDA extended interest deferral again. Thursday November 14th was a blessed day for farmers after the many struggles that the 2019 growing season has provided. Thanks to the USDA for this much needed relief. “USDA had previously announced a deferral to November 30, 2019, providing producers with

After a crazy spring and interesting summer (this year, we had more prevent plant claims and fewer hail claims than any other year since we started to sell crop insurance), it’s time to report 2019 production, settle any production claims still open and open any potential revenue claim. Revenue claims need to be opened by

Just as the Nixon and Carter trade embargos of the 1970s are still shaping the farm economy in 2020, the hailstorm that hit Blair in early June of 2014 is shaping the risk management of Nebraska farmers in 2020. In 2006 when I was just getting into crop insurance, John Deere Risk Protection started a

These unprecedented times are leading to some farmer-friendly USDA Risk Management Agency (RMA) decisions. In the wake of social distancing farmers, insurance agents, Approved Insurance Providers (AIP’s) and the RMA are having to learn how to use technology more. We already use a lot of technology we are just going to doing more with our

I still vividly remember driving into Niobrara on March 26th, 2019. As I drove down the Verdigre Creek Valley and approached the Hwy 14 and Hwy 12 intersection, hundreds of acres in the Niobrara Valley were covered with thousands of giant blocks of ice. Later that summer I had the opportunity to fly over the

Today, we’re going to continue our discussion of the PRF, or the Pasture, Rangeland, Forage insurance policy. This is a policy that RMA has designed to help livestock producers with preserving cash flow to help buy feed for grazed cattle or replace lost income from haying in times of low rainfall. To help you better