Evaluating your options 2021?

Need tips for choosing Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC)?

Read the Agweb article here.

Released from the USDA/Farm Service Agency:

A fact sheet overview of the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) farm programs can be found here.  Additional information can be found at the USDA/FSA website here.

Attention: March 15, 2021 is the sales closing/policy change date for Corn & Soybeans.

Do you have a Claim?

It is the insureds responsibility to report a suspected loss.  When you sustain a loss you must report the suspected loss to our agency within 72 hours of discovery of damage or no later than 15 days after the end of the insurance period.  We will then submit the Notice of Loss to the insurance company.

Turn your claims in early so that an adjuster can be assigned and ready when you are done harvesting!

Chopping Corn for Silage?     A Silage Appraisal is Required

  • If you will be chopping any corn for silage please call us to report a silage appraisal if you have not done so already. A two-week notice is helpful.

  • All corn that is chopped for silage needs to be appraised by a company adjuster for a dry bushel yield. The dry bushel yield will be used in your Actual Production History (APH) for any field that is chopped.

  • The same goes for any corn that will be shelled above 30% moisture or any soybeans that will be harvested or destroyed for any reason before mature dry harvest.

Replant Reminders
 
Remember, as always, replant claims must be turned in BEFORE you replant!  If you are thinking about replanting, call the office at anytime.  Be sure to speak directly with an agent and adjuster before any action is taken.  Replant payments are calculated by multiplying the projected price by eight bushels for corn and three bushels for soybeans. All payments are made by share.

Click here to view our Spring 2021 Newsletter.

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Upcoming Important Dates
Cover Crops
 
What is a cover crop?

For insurance purposes, a cover crop is a crop generally recognized by agricultural experts as agronomically sound for the area for erosion control or other purposes related to conservation or soil improvement.

Can I insure a crop following a cover crop?

Yes, you may if you meet certain conditions for terminating the cover crop. You must terminate the cover crop at or within 5 days after planting but before crop emergence for zone 4.  If you do not terminate the cover crop your commercial crop may be considered double cropped. If the double cropping practice is not available in your county, your commercial crop may not be insurable.
 
Please refer to these documents for additional information:
 
NRCS Cover Crop Termination Guidelines - 2014
Cover Crop FAQ - 2015
Cover Crop Bulletin - 2014

Sorensen Insurance Agency

6 E Main St  Wapakoneta, OH 45895

{hone:  888-417-8623 or 419-738-8623  Fax:  419-738-7232

email: agsoren@bright.net

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