USA - USDA extends deadline to increase protections for forage crop losses

05.11.2015 311 views
USDA’s Farm Service Agency (FSA) extended the deadline for producers to obtain or modify higher levels of coverage through the Noninsured Crop Disaster Assistance Program (NAP) to protect against poor forage crop quality because of drought or other natural disasters where the forage is intended for mechanical harvest. The deadline is extended to Nov. 13, 2015. "For some 2016 forage crops, the application deadline for NAP occurred before information became available to measure losses due to quality that could influence loss payments, so we extended the deadline so that producers have more time to decide what type of modified coverage works best for their operation," according to FSA. The Noninsured Crop Disaster Assistance Program protects agricultural crops for which crop insurance is not available from losses due to natural disasters, such as drought, freeze, hail, excessive moisture, excessive wind or hurricanes. The program offers basic coverage at 55% of the average market price for crop losses exceeding 50% of expected production, and higher levels of coverage, up to 65% of expected production at 100% of the average market price. Higher coverage is not available on grazing crops. However, the extension does not afford producers the opportunity to purchase basic 50/55 NAP coverage. Producers interested in adjusting their NAP coverage must submit the appropriate paperwork to their local FSA county office before the Nov. 13 deadline. Source - http://www.dairyherd.com
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