Replant Coverage

Replant coverage can get a little murky, but its an important part of your crop insurance policy. When we think replant, we think of a disaster that has wiped out an entire field. Is that all replant covers?

No!

In order to be eligible for a replant payment, insured must experience a loss of 20 acres or 20%, whichever is less.

If the loss is less than 50 acres on any unit, the agent and insured can self certify the loss using maps and seed reciepts.

In 2010, insured will be paid $3.99 on 8 bushels per replanted acre.

Food Stamps

Not to get political, but this number blew me away. 40 million Americans on food stamps.


http://www.agrimarketing.com/show_story.php?id=60544

3/31 USDA Report

http://cropwatch.unl.edu/web/cropwatch/archive?articleID=4073732

Wet Grain Storage

Lot's of wet corn in storage has producers with stored corn nervous and those without stored corn curious about the quality of crops being stored.

http://cornandsoybeandigest.com/corn/wet-stored-grain-deteriorate-0309/index.html

Tillage Decisions

Faced with the prospect of a wet spring, many producers are scratching their heads as to what kind of tillage will be feasible and appropriate.


http://cornandsoybeandigest.com/e-digest/handling-untilled-fields-0319/

Nebraska Land Values

Up in 2009, but as the saying goes, 'Real estate is local.' This survey notes the differences in cropland and rangeland values in addition to the impact of regulatory concerns on cropland.

More info at:

http://cornandsoybeandigest.com/ag-issues/agricultural-land-values-up-0316/index.html

http://www.agecon.unl.edu/realestate.html


http://www.agecon.unl.edu/Cornhuskereconomics/3-10-10.pdf

Prevented Planting

Some of you may have noticed some changes in prevented planting policy within RMA. What is the change and why?

Basically, RMA is working to eliminate payments that occur within normal weather patterns. In other words, ground too wet to plant in a year with average precipitation should not be eligible.

Is this a big concern for us? Not at all. However, over $400,000,000.00 was paid to acres now determined ineligible in North Dakota, South Dakota and Minnesota.