New Sales Closing Date

New Sales Closing Date

David Sparks Ph.D.
David Sparks Ph.D.
USDA Adds New Sales Closing Date for Late Fiscal Filers for Whole-Farm Revenue and Reminds Fruit Producers of Crop Sales Closing Deadline

Producers in Idaho, Oregon, and Washington Need to Make Decisions Soon

 

USDA's Risk Management Agency (RMA) announced the addition of a new sales closing date for late fiscal filers for the Whole-Farm Revenue Protection (WFRP) policy. For Idaho, Oregon, and Washington, late fiscal filers can now obtain their WFRP policy by November 20, 2017 for the 2018 crop year. Calendar and early fiscal filers have until March 15, 2018.

 I called the Spokane regional risk management agency office and asked spokesperson Jolynn Seifer to explain late fiscal filers.

RMA also reminds Idaho, Oregon, and Washington fruit producers that the final date to apply for crop insurance coverage for the 2018 crop year is November 20. This date applies to crop insurance policies for apple, blueberry, cranberry, grape, pear, stonefruit crops (apricots, nectarines, freestone peaches, and plums/prunes), sweet and tart cherry (actual revenue history), and table grape. Current policyholders who wish to make changes to their existing coverage also have until the November 20 sales closing date to do so.

 

Individual yield crop insurance policies provide protection against production losses due to natural perils. The Actual Revenue History and WFRP policies provide revenue protection.

 

Producers are encouraged to visit their crop insurance agent soon to learn specific details for the 2018 crop year. Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator Growers can use the RMA Cost Estimator to get a premium amount estimate of their insurance needs online. Learn more about crop insurance and the modern farm safety net at www.rma.usda.gov.

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