Wisconsin Ag Connection - FSA Reminds Producers of Non-Insured Disaster Assistance Deadlines

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FSA Reminds Producers of Non-Insured Disaster Assistance Deadlines
Wisconsin Ag Connection - 09/17/2014

The Wisconsin Farm Service Agency is reminding producers interested in participating in the 2015 Non-Insured Crop Disaster Assistance Program of the upcoming application deadline dates that must be met for NAP qualification. The NAP program is designed to cover losses caused by damaging weather conditions.

The application deadline date for 2015 NAP coverage for fall and spring plantings of 2015-crop wheat, barley, rye, triticale and mint is September 30. And November 20 is the closing date for perennial crops of fruit and other crops such as apples, pears, blueberries, strawberries, grapes, honey, maple sap, asparagus and other perennial crops.

The 2014 farm bill expanded NAP to include buy-up protection, similar to buy-up provisions offered under the federal crop insurance program. Producers may elect buy up coverage for each individual crop between 50 and 65 percent of yield, in five percent increments, at 100 percent of the average market price. Producers will pay a fixed premium equal to 5.25 percent of the liability. Details regarding the buy up coverage options are still being developed.

Until these buy-up options are available, producers are encouraged to enroll in NAP under the basic coverage, 50 percent of the yield and 55 percent of the established price, by the applicable crop application deadlines. The NAP service fee for this coverage is $250 per crop per county not to exceed $750 per producer and not to exceed $1875 nationally.

In addition, when available, the premiums for buy-up coverage will be reduced by 50 percent for limited resource, beginning farmers and SDA farmers.

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