Home | About Our Services | Coverages | Important Dates | Frequently Asked Questions | Contact Us | Links


Your Farmer-to-Farmer crop insurance specialist

March 15, 2017
The deadline for purchasing crop insurance is fast approaching. Contact us soon to add or change a spring policy for 2017

Current Established Crop Prices

2016 Corn

Planting Price- $3.86

Harvest Price- $3.49 (Dec. in Oct)


2016 Soybeans

Planting Price- $8.86

Harvest Price- $9.75 (Nov. in October)


2017 Wheat

Planting Price- $4.74

Harvest Price- TBD (July 17)


Potential Loss?

(Taken from ADM Crop Risk Services September Newsletter) 

In order to ensure you qualify for the maximum crop insurance indemnity payment:

  • Contact your insurance agent as soon as you think you have a loss
  • If you plan on doing anything to your crop other than harvesting for grain, make sure you have permission from an adjuster.  You may be required to leave test strips in your field for purposes of adjustment. 
  • High loss reviews are required for every indemnity paid for $200,000 or more, per county, per crop.  You will be required to provide proof of APH for the current crop year and the three previous crop years.
  • Grain quality is considered when determining your yield.  Discountable test weight, moisture, foreign material, and aflatoxin grades may reduce final yields when determining the amount of indemnity.
  • If you suspect you may have aflatoxin, you need to seek advice from your agent.  Samples need to be taken by an adjuster for aflatoxin purposes before placed in the bin. 
Call your agent if you have any questions regarding the claims process.


Paying Crop Insurance Premiums Late?
(Excerpt from Agriculture.com)
When it is clear that there are no sustantial crop loss and no indemnity payment to offset the premium, it could cross your mind not to pay the crop insurance premium timely. But you must pay if you want to continue purchasing crop insurance.  
Coverage enables operating credit at reasonable rates, allows forward marketing of crops at potentially better prices, and protects a farm from a potential knockout blow.   
You don't have to write the check when it is immediatley due.  Following an old agricultural tradition long dropped by other agribusinesses, the insurance premium is due near the end of a crop season instead of up front. 
Your portion of the premium is due on a specified date that varies by crop (August 15, with 45 days grace).  An extension of credit is automatic if the payment is not received within 31 days of the due date.  The extension of credit is no bargain because it comes with a hefty price tag: 1.25% per month (or any part of it) including the grace period. That's more than 15% per annum.  The automatic extension of credit has a tough, nonnegotiable payment date- a true deadline that's unforgiving.  
If you do not pay your full indebtedness by the policy cancellation date (March 15), you are placed on the Ineligible Tracking System (ITS) to the crop insurance program going forward.  Changing insurance agents, companies, or forming a new partnership or corporate entity will not cloak your demise for long.  Since you are no longer eiligble for crop insurance on the sales closing date, no crop insurance coverage can be had.  Worse yet, eligibility for this next crop year cannot be restored even if you subsequently pay up.
Additional time to pay the premium may be allowed by the insurer, but the payment plan must be in place before the deadline.  Hearing records and decisions of the NAD are available online.  They reveal a very hard administrative line on nonpayment of premium.  No matter what you dispute, pay the premium and interest due or negotiate a repayment plan before the cancellation date.