Actual Revenue History Processing Tart Cherry Pilot

You can insure processing tart cherries if they are:

• Grown on acreage that has produced at least 3,900 pounds per acre in 1 of the 5 previous crop years;
• Varieties adapted to the area;
• Irrigated or non-irrigated; and
• Grown in an orchard that is considered acceptable.

You are protected against the following:

• Adverse weather;
• Earthquake;
• Failure of irrigation water supply;
• Fire, unless you have not controlled weeds and other undergrowth or if you have not removed pruning debris from the orchard;
• Inadequate market price;
• Insect damage and/or plant disease, unless you have insufficiently or improperly applied pest or disease control measures;
• Volcanic eruption; or
• Wildlife.

For the first crop year, coverage begins the later of:

• Ten days after your application is received; or
• November 21, 2017.

For carryover policies, coverage begins:

• The day immediately following the end of the insurance period for the prior crop year.

Physical damage coverage ends at the earliest of:

• Total destruction of the crop;
• Harvest of the crop;
• Final adjustment of a loss;
• Abandonment of the crop; or
• August 15, 2018.

For revenue loss, due to an inadequate market price, coverage ends January 15, 2019.

• Sales Closing / Cancellation Date………… November 20, 2017
• Revenue Report………… January 15, 2018
• Acreage Report………… January 15, 2018

Revenue Report - You must submit revenue reports to your agent by the revenue reporting date.

These reports must:

• Contain insurable acreage for each crop year reported, including your share;
• Contain production harvested, sold, and any appraised production;
• Contain the amount of your revenue from sales; and
• Be supported by written, verifiable records, measurement of stored production, or other approved records.

Acreage Report - You must report all of your acreage to your insurance agent by the acreage reporting date. You must notify your agent of any losses, in writing, when evident.

Annual Revenue - Your aver age revenue per insured acre, based on a 100 percent share equivalent for a crop year. It is calculated from the records you submit and indemnity claims you sign.

Inadequate Market Price - A pr ice that results in annual revenue being less than your insurance amount per acre.

Expected Revenue Factor - Your likely revenue per acre with a normal yield and an anticipated price.

Payment Factor - The percentage of the price that you receive in the event of a loss. You choose the payment factor.

Crop insurance premiums are subsidized as shown in the following table. For example, if you choose the 75 percent coverage level, the premium subsidy is 55 percent and your premium share is 45 percent of the base premium.

Actual Revenue History (ARH) - The only insurance plan available for processing tart cherries. Your production guarantee is based on your individual revenue history.

Catastrophic Risk Protection coverage is not available for the ARH Processing Tart Cherry Pilot program.

Assume 100 percent share in 10 acres of tart cherries and a single unit. You certify revenue at $1,800 per acre and RMA provides an expected revenue factor of 1.00. You chose the 75 percent coverage level and a payment factor of 85 percent.

You harvest a normal crop, but an inadequate market price causes your revenue to be only $4,000. Your payment is calculated as: