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August 2019 Approaching Deadlines
Current Reminders
- MAJOR RECENT CHANGE: For the 2019 crop year only, you have until 11/30/19 to pay policy premiums for corn and beans. The date that interest begins to accrue on the policy was moved back 2 months due to the widespread flooding and excess moisture for thousands of policy holders across the country.
- If you do not pay your premium by 11/30/19, you will be charged interest for the months of October and November.
- The wheat harvest price was $5.04 versus the projected price of $5.72. Call your agent if you had any planted wheat in 2019 that does not already have a claim open on.
- Any acres being chopped for silage or being put to any use other than harvested for grain need appraised before doing so.
- Cover crops planted on prevent plant acres in 2019 cannot be hayed, grazed, or otherwise harvested until after September 1st.
- The projected prices for 2019 corn and beans are $4.00 and $9.54 respectively. As of 8/19/19, the December corn futures were $3.75 and November bean futures were $8.67.
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