USDA's Risk Management Agency reminds Wisconsin producers that the final date to apply for crop insurance for fall-planted crops, such as cultivated wild rice, forage production, grass seed, mint, rye, and wheat, is September 30 for the 2023 crop year. Current policyholders also have until the September 30 sales closing date to make changes to their existing coverage.
As a reminder, some options and endorsements, like Yield Exclusion, also have a September 30 sales closing date. The Yield Exclusion option allows producers to exclude yields of eligible crop years when RMA determines the county per planted acre yield was at least 50 percent below the simple average of the per planted acre yield for the crop in the county for the previous 10 consecutive crop years. Policyholders should consult with their crop insurance agent to make this election.
Federal crop insurance is critical to the farm safety net. It helps producers and owners manage revenue risks and strengthens the rural economy. Growers may select from several coverage options, including yield coverage, revenue protection, and area risk policies. Additional information can be found on the Actuarial Information Browser page on the RMA website.
Growers are encouraged to visit their crop insurance agent soon to learn specific details for the 2023 crop year.
Categories: Wisconsin, Crops