Deadlines Near for Forage Risk Management Programs in Maine

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USDA
UMCoopExt

Deadlines Near for Forage Risk Management Programs in Maine

The sales closing dates for 3 Federal risk management programs is approaching, programs include:

1. Forage Production Crop Insurance.  September 30, 2016 is the final date to purchase Forage Production Crop Insurance for forage seeded in the spring of 2016.  Coverage begins on May 22, 2017 on acreage that has an adequate forage stand.  To be eligible for this insurance, the stand must be pure alfalfa; alfalfa and perennial grass where 60% or more of the ground cover is alfalfa; or mixed alfalfa and perennial grass where alfalfa makes up more than 25% but less than 60% of the ground cover.  Insurance protects against a decline in your Average Production History (APH) yield due to adverse weather conditions including hail, frost, freeze, wind, drought, and excess precipitation; wildlife damage; insect damage and plant disease, except for insufficient or improper application of control measures.  Crop insurance premiums are subsidized based on the coverage level selected.

Coverage levels range from 50 to 75% of your APH at 100% of the price election.  The price election for the 2017 crop year is $184 per ton.  Forage Production Crop Insurance is available in Aroostook and Penobscot counties and is available outside of these counties through a written agreement.

2. Pasture, Rangeland, Forage Pilot Crop Insurance.  November 15, 2016 is the final date to purchase this crop insurance for the 2017 insurance year.  This program is a new crop insurance option for Maine producers, providing protection of pasture, hay, and hayland against a single peril, drought. No historical production records are required. Losses are determined by comparing reported precipitation over a 2-month insured period to 50 years of historical rainfall data. Both reported and historical rainfall data are from the National Oceanic and Atmospheric Administration Climate Prediction Center (NOAA CPC).

Crop insurance is sold and delivered solely through private crop insurance agents.  A list of crop insurance agents is available online at the RMA Agent Locator (http://www.rma.usda.gov/tools/agent.html).  Producers can use the RMA Cost Estimator (https://ewebapp.rma.usda.gov/apps/costestimator/) to get a premium amount estimate of their insurance needs online.

3.  Non-insured Crop Disaster Assistance (NAP) for Hay Crops.  September 30, 2016 is the final date to purchase the NAP program for hay.  This program protects your APH from natural disasters that results in lower yields or quality.  Coverage level options include the catastrophic level and up to 50-65% of your APH at 100% of the average market price.  This program is administered and sold by the USDA Farm Service Agency (FSA).  Contact your local FSA office (http://www.fsa.usda.gov/state-offices/Maine/index) to learn more. 

The University of Maine Cooperative Extension is in cooperation with the USDA Risk Management Agency to deliver crop insurance education to all Maine farmers.  Visit our website at https://extension.umaine.edu/agriculture/maine-risk-management-and-crop-insurance-education-program/.  For questions please contact Erin Roche, Crop Insurance Education Program Manager, 495 College Avenue, Orono ME, 04473 (949.2490; erin.roche@maine.edu).