Crop INsurance //

The right coverage for your farm and your bottom line.
We give you and EDGE.

 

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Multi-Peril Crop //

Protect your farm revenue and investment by reducing the risk of weather and volatile commodity prices with customizable, subsidized insurance plans.

Individual CROP Policy

  • Revenue Protection (RP) provides protection against a loss of revenue caused by price increase or decrease, low yields or a combination of both. This coverage guarantees an amount based on the individual producer’s APH and the greater of the projected price or harvest price. Both the projected price and harvest price are established according to the crop’s applicable commodity board of trade/exchange as defined in the Commodity Exchange Price Provisions (CEPP.) While the revenue protection guarantee may increase, the premium will not. The projected price is used to calculate the premium and replant payment or prevented planting payment. An indemnity is due when the calculated revenue (production to count x harvest price) is less than the revenue protection guarantee for the crop acreage.

    Why should I get Revenue Protection?

    • Protects against revenue loss caused by low yields and/or low prices, as well as higher fall prices

    • Flexible and efficient management tool to crop producers

    • Subsidized by the Federal Crop Insurance Corporation (FCIC)

    • The Harvest Price increase is limited to 200% of the Projected Price

    • There is no downward limit

    • Coverage on basic, optional, enterprise, and whole-farm units where available

    • Discounts for producers that insure multiple crops on whole-farm units

    • Premium amount is determined using the Projected Price

    • The premium will not increase even if the Harvest Price is higher than the Projected Price

    Additional Coverages

    • Late Planting Coverage: May provide additional time to plant crops when conditions prevent timely planting.

    • Prevented Planting: May allow for payments when insurable causes of loss prevent you from planting your crops.

    • Replant Provisions: May provide an additional payment for the extra expenses involved when it is practical to replant and the acreage qualifies.

    What does it cost?

    Per-acre premiums will depend on the county of the insured crop, unit structure, the crop’s APH yield, and price elections. Higher coverage levels and higher elected prices result in higher premiums.

  • Revenue Protection with Harvested Price Exclusion (RP-HPE) is similar to RP, however RP-HPE coverage provides protection against loss of revenue caused by price decrease, low yields or a combination of both. Unlike RP, the revenue protection guarantee for RP HPE is based on the projected price only and it does not increase based on the harvest price. If the harvested production plus any appraised production multiplied by Harvest Price is less than the amount of insurance protection, the insured is paid an indemnity based on the difference.

  • Yield Protection (YP) provides protection against a loss in yield due to unavoidable, naturally occurring events. For most crops, that includes adverse weather, fire, insects and plant disease. YP guarantees a production yield based on the individual producer’s APH.  A price for YP is established according to the crop’s applicable commodity board of trade/exchange as defined in the Commodity Exchange Price Provisions (CEPP.)  The projected price is used to determine the yield and to value the production to count less than the yield protection guarantee.


    How does it work?

    • Establishes a guarantee of bushels per acre

    • YP Projected Price is determined by futures contracts, and APH price is established by the Federal Crop Insurance Corporation (FCIC)

    • Pays an indemnity if the production to count falls below the yield guarantee


    Why should I get Yield Protection?

    • Offers a competitive premium

    • Subsidized by the Federal Crop Insurance Corporation (FCIC)

    • Protection against production loss

    • Based on a producer’s own production history

    • Provides coverage levels ranging from 50% to 85% of the APH in 5% increments

    • Provides coverage on basic and optional units

    • Enterprise and whole-farm unit coverage is available in some areas

    • 60-100% coverage of the projected or RMA price


    Additional Coverages

    • Late Planting Coverage: May provide additional time to plant crops when conditions prevent timely planting.

    • Prevented Planting: May allow for payments when insurable causes of loss prevent you from planting your crops.

    • Replant Provisions: May provide an additional payment for the extra expenses involved when it is practical to replant and the acreage qualifies.


    What does it cost?

    Per-acre premiums will depend on the county of the insured crop, unit structure, the crop’s APH yield, and price elections. Higher coverage levels and higher elected prices result in higher premiums.

Area crop Policy

  • ARP is a subsidized county-based revenue protection policy and protects against loss of revenue due to a decline in commodity prices, a county-level yield loss, or a combination of the two. Policy formerly known as “GRIP”. This policy is not based upon an individuals APH or the production of the individual producer. ARP utilizes the greater of the Projected or Harvest Price. Coverage levels are available to protect up to 90% of the County’s Expected Yield and 120% of the Projected (Spring) Price. Indemnity payments are triggered if the Final County Revenue is less than Final Revenue Guarantee for the County, which is found by taking the greater of the Projected or Harvest Price.

  • ARP-HPE excludes the Harvest Price option, which means only the Projected (Spring) Price is used for revenue guarantees on a county-level basis.

  • Description textAYP is a county-based policy that only protects against loss of yield based on the Expected County Yield. This policy only indemnifies a producer on a county-level loss, not an individual production. This policy also does not provide any price protection. goes here

  • MP provides coverage against increased input costs and/or reduced commodity prices or county yields that would ultimately put a negative impact on a producers operating margin. County-based policy that can provide a band of coverage above and in combination with a Revenue Protection (RP) policy up to 95%. This policy has a Price Discovery period from August 15 – September 14th and a Sales Closing Date of September 30th. A producer needs to remember that Margin Production is not an individual policy or based on individual yields, however is based on the Final County Yield. An indemnity payment is made when a large enough decrease in county revenue and/or an increase in input costs causes the deductible for the policy to be met.

 
 
 
 

Hail INsurance //

Supplement your multi-peril crop insurance (MPCI) policy with private hail products that provides protection against loss caused by:

  • Hail

  • Fire

  • Vandalism

  • Transport to first storage destination from collision or overturn

  • Stored grain

Written on a dollar-per-acre basis and limit of insurance set by the policyholder. Bundles are offered that include basic hail coverage with other endorsements such as Wind Coverage and Greensnap, Extra Harvest Expense, and Replant Option.

Replant Option

  • Replant Option is a private product that supplements a Multi-Peril replant payment. The producer must have an active MPCI policy. There is no deductible that needs to be met to trigger an indemnity payment. Hence, the Replant Option pays the limit of insurance the producer selects starting on acre #1 as long as the loss is approved by an adjuster for a covered peril.

BAND COVERAGE

  • Highly flexible and fully customizable coverage that allows a producer to create their own crop insurance product. Protects against shallow losses (usually above MPCI deductible) and provides reliable input cost recovery. A lower deductible translates to a higher yield or revenue trigger for a producer’s indemnity, providing support exactly where needed.

    Loss Trigger: Upper-level percentage of APH where coverage begins. This is where the deductible is established.

    Coverage Range: Percentage range from Loss Trigger down to bottom range of coverage.

    Protection Factor: Percentage of application Price Election.

  • The policyholder may elect a Loss Trigger from 95% to 50%. The policyholder may choose a Coverage Range, available in 1% increments with a minimum of 5% and a maximum of 95%,
    to establish the "Coverage BAND." 

     The Price Protection Factor defaults to 100%, available in 1% increments with a minimum of 5%. Protection Factors are lower for higher Coverage Ranges.

    A multitude of combinations can be generated to address shallow loss, price protection, input cost recovery, and liability enhancement for lending.

    The bottom line: With BAND, we're giving you the freedom to design your coverage any way you like. We have thousands of options to target the unique risk management needs of each individual grower.

    The bottom line: With BAND, we're giving you the freedom to design your coverage any way you like. We have thousands of options to target the unique risk management needs of each individual grower.

 
 
 
 

Grain & Revenue Management //

Lock in profits and practice better price management strategies with the help of our partner Heritage Hedge and the EDGE Market Gauges research tool.

Heritage Hedge

Our partnership with Heritage Hedge goes hand in hand with our mission of helping farming families take less risk, make more profit, and enjoy a better quality of life.

  • Cash Flow Analysis

    Detailed and maintained to provide a sound decision-making structure with operational goals

    Expense Matrix

    Proprietary method for logging and tracking direct and indirect costs with an innovative way to represent land costs and gain the true picture of your farm profit

    Government Farm Programs

    Assistance with navigating and advising participation with the optimal government program for your farm

  • Grain Marketing

    Knowing and advising the correct solutions for offsetting risk

    Brokerage Services

    Assisting you, if needed, in establish accounts with brokerage firms and provide proper hedging strategies that capture profits

EDGE Market Gauges

Marketing your crop is one of the most difficult and emotional jobs a farmer has. Would your grain marketing decisions benefit from a research tool that provides important data and is soley based on profitability and market strength in a simplified format?

The EDGE Market Gauges are an easy-to-understand tool that is designed to help assist farmers in beating the average when making grain marketing decisions.

Contact our office today if you are interested in accessing this research platform.

Non-Discrimination Statement

The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the bases of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual’s income is derived from any public assistance program, or protected genetic information in employment or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/or employment activities.)