Jul 06, 2023
The USDA Risk Management Agency (RMA) offers Multi Peril Crop Insurance (MPCI) coverage for numerous crops throughout the United States. Available for more than 100 different crops (though not all crops are covered in every region), MPCI protects farmers against crop losses caused by natural events.
[Click here to learn more about Multi Peril Crop Insurance]
Important insurance dates vary by crop and region of the United States. The important deadlines are:
Sales Closing Date (SCD)
Acreage Reporting Date (ARD)
Premium Billing Date
For crops planted in the fall (e.g. winter wheat, winter barley, oats, rye, triticale), the SCD is generally September 30 with an ARD of December 15.
For crops planted in the spring (e.g. corn, soybeans, cotton, grain sorghum, rice, spring wheat, spring barley), the SCD is generally March 15 with an ARD of July 15.
Specialty crops (i.e. fruits, nuts, vegetables) have different SCDs and ARDs throughout the year based on the state or county in which they are grown. For the majority of these crops, the premium billing date is August 15.
There are other commodities or insurance programs (e.g. Pasture, Rangeland and Forage, Apiculture, Annual Forage, Margin Protection) that have a single SCD for the entire United States. The Whole Farm Revenue Protection insurance program has three different Sales Closing Dates depending on your tax filing year, which fall between November and March.
Livestock insurance deadlines, such as those for Livestock Risk Protection or Pasture, Rangeland and Forage coverage, adhere to a separate deadline schedule.
If you haven't gotten a second opinion on your crop insurance in the last few years, now is the time to see how a personalized approach to insurance could make a difference in your operation.
To learn more, and to ensure you meet the appropriate deadlines for your crops, contact an FBN insurance agent by clicking here or calling (866) 878-7133 today.
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We are an Equal Opportunity Provider. FBN Insurance services are offered by FBN Insurance LLC (dba FBN Insurance Solutions Services LLC in Texas, and FBN Insurance Solutions LLC in California and Michigan). FBN Crop Insurance is currently offered in all U.S. states.
Jul 06, 2023