FOR IMMEDIATE RELEASE
February 24, 2004
IDAHO ONLY
For more information contact Jan Eliassen at
410-778-0120. Data in this release came from USDA’s Risk Management Agency.
Spring crop
insurance deadline
March 15 is the deadline for Idaho producers of thirteen
major crops to sign up for federally subsidized crop insurance, or to make any
changes to existing policies.
The Spring planted Idaho crops which share this deadline
are: canola, oats, flax, sugar beets, corn, sweet corn, canning beans, beans,
safflower, green peas, dry peas, potatoes, and barley.
Producers must not only decide what percentage of their
expected yield to insure and at what price level, but also, in many cases, what
type of insurance policy they want to use for their coverage.
While all crops are insurable under the traditional
Multiple Peril Crop Insurance (MPCI), corn is also insurable under Crop Revenue
Coverage (CRC), barley and canola are insurable under Revenue Assurance (RA),
and barley is also insurable under Income Protection (IP).
Each county has its own mix of insurable crops and
policy choices. Producers should contact their private crop insurance agent
before March 15 to learn what the choices are where they farm.
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