Caldwell County Producers Urged to Consider Risk Protection Coverage before Spring Crop Sales Deadline
Kingston, MO, February 23, 2016 – Caldwell County USDA Farm Service Agency (FSA) Executive Director Debbie Clevenger, reminds producers to review available USDA crop risk protection options, including federal crop insurance and Noninsured Crop Disaster Assistance Program (NAP) coverage, before the deadline of March 15. This deadline applies to forage and pasture, as well as spring-seeded crops, including most produce.
Federal crop insurance covers crop losses from natural adversities such as drought, hail and excessive moisture. NAP covers losses from natural disasters on crops for which no permanent federal crop insurance program is available, including forage and grazing crops, fruits, vegetables, mushrooms, floriculture, ornamental nursery, aquaculture, turf grass, ginseng, honey, syrup, bioenergy, and industrial crops.
"NAP policies allow producers to protect their investment by purchasing coverage for noninsurable crops," said Clevenger. "Natural disasters are an unavoidable part of farming and ranching and FSA programs like NAP help producers recover when they experience a loss."
USDA has partnered with Michigan State University and the University of Illinois to create an online tool at www.fsa.usda.gov/nap that allows producers to determine whether their crops are eligible for federal crop insurance or NAP and to explore the best level of protection for their operation. NAP basic coverage is available at 55 percent of the average market price for crop losses that exceed 50 percent of expected production, with higher levels of coverage, up to 65 percent of their expected production at 100 percent of the average market price available, including coverage for organics and crops marketed directly to consumers. Crops intended for grazing are not eligible for additional NAP coverage.
For all coverage levels, the NAP service fee is the lesser of $250 per crop or $750 per producer per administrative county, not to exceed a total of $1,875 for a producer with farming interests in multiple counties. There is an additional premium for additional levels of coverage. Beginning, underserved and limited resource farmers are now eligible for free catastrophic level coverage, as well as discounted premiums for additional levels of protection.
For more information on NAP, contact the Caldwell County FSA office at 816.586.2711, ext 2, or visit the web at www.fsa.usda.gov/nap.