If you are considering replacing your freeze-damaged wheat, remember that doing so could have crop insurance implications. On the other hand, the acres will not be insured if the farmer does not have a corn policy. Gary Schnitkey, a University of Illinois Extension farm financial management specialist, has prepared a report dealing with wheat failure and what it means for farmers with crop insurance. Farmers need to contact their crop insurance agents to discuss their specific situations....

The USDA Risk Management Agency regional office in Topeka, Kansas, this week reminded wheat growers that they need to contact their crop insurance company prior to putting their wheat acres to another use either by haying or grazing the wheat or by planting the acres to another crop. The USDA Risk Management Agency regional office in Topeka, Kansas, this week reminded wheat growers that they need to contact their crop insurance company prior to putting their wheat acres to another use...

However, if there is a loss on the second crop, the policyholder may either waive the indemnity on the second crop and collect the remaining indemnity on wheat (also pay remaining premium), or collect the loss on the second crop and keep the 35% wheat indemnity. Producers who destroy the wheat crop and go to a second crop have the following options after they talk to their insurance companies: * Plant but not insure a second crop. Wheat farmers need to contact their crop insurance agent...

The crop insurance scheme also aims at encouraging the farmers to improve their farming methodologies with the use of advanced equipments and technology. The objective of the scheme is to provide insurance security to the farmers in case of crop loss due to natural calamities and diseases. The insurance policy is mandatory for farmers benefiting crop loans. However, the release stated, that if crop loss has occurred due to flood, and landslides, compensation amount will be decided...

Problems covering those with multi-year losses and coverage gaps left by big deductibles mean crop insurance hasn't become a substitute for federal ag disaster aid, a fact noted by House Ag Committee Chairman Collin Peterson during the hearing on the crop insurance industry. Problems covering those with multi-year losses and coverage gaps left by big deductibles mean crop insurance hasn't become a substitute for federal ag disaster aid, a fact noted by House Ag Committee Chairman Collin...

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