Wheat

Wheat is insurable if:

• It is irrigated and non-irrigated wheat grown in the county on insurable acreage;
• Premium rates are provided;
• You have a share; and
• It is planted for harvest as grain under the Common Crop Insurance Policy.

Wheat may not be insured if:

• It is interplanted with another crop;
• It is planted into a grass or legume, unless excepted;
• It is planted as a nurse crop; or
• It follows a cover crop that does not meet the criteria outlined in the insurance availability section of the special provisions.

Winter wheat is insurable in 82 counties throughout Nebraska excluding Arthur, Blaine, Brown, Dakota, Dixon, Grant, Hooker, Thomas, Wayne, and Wheeler counties. Spring wheat is insurable in Box Butte, Dawes, and Sheridan counties. In counties where there is no wheat program, coverage may be available by written agreement if certain criteria are met. Contact a crop insurance agent for more information.

You are protected against the following:

• Adverse weather conditions;
• A change in the harvest price from the projected price, due to an insured cause of loss (revenue protection plans only);
• Earthquake;
• Failure of the irrigation water supply due to a covered cause of loss that occurs during the insurance period;
• Fire;
• Insects, but not damage due to insufficient or improper application of pest control measures;
• Plant disease, but not damage due to insufficient or improper application of disease control measures;
• Volcanic eruption; or
• Wildlife.

Insurance coverage begins on the later of:

• Date your application is accepted; or
• Date when the wheat is planted by the final planting date.

Insurance coverage ends with the earliest occurrence of one of the following:

• Total destruction of the crop;
• Harvest of the unit;
• Final adjustment of a loss on the unit;
• Abandonment of the crop; or
• October 31.

Winter Wheat     

Sales Closing/Cancellation Date ...… September 30, 2016

Final Planting Date ………………........ Varies by County

Acreage Report Date ………………. November 15, 2016

Premium Billing Date …………...…..…..…. July 1, 2017

(Box Butte, Dawes, Sheridan …………. August 15, 2017

End of Insurance………….………..October 31, 2017

Spring Wheat

Sales Closing/Cancellation Date ……….. March 15, 2017

Earliest Planting Date ………………….. March 16, 2017

Final Planting Date …………....................... May 5, 2017

Acreage Report Date ………………............ July 15 2017

Premium Billing Date …………………. August 15, 2017

Contact your crop insurance agent or for more information go to Kansas Regional Office Page.

Acreage Report - You must give a report to your crop insurance agent of all your wheat acreage in the county by the acreage reporting date.

CAT is available at 50 percent of your APH yield and 55 percent of the projected price. The total cost for CAT coverage is an administrative fee of $300 per crop per county, regardless of the acreage. Available for the Yield Protection Plan only.

Prices are calculated according to the Commodity Exchange Price Provisions. Nebraska winter wheat prices are based on the September futures market price for wheat. The projected price discovery period is August 15 through September 14. The harvest price discovery period is July 1 through July 31. Spring wheat prices are based on the September futures market price for wheat. The projected price discovery period is February 1 through February 28. The harvest price discovery period is August 1 through August 31. These prices are released no later than 3 business days following the end of the price discovery period. Depending on the insurance plan, these prices are used for compensation per bushel in case of loss. Contact your crop insurance agent, or visit http://prodwebnlb.rma.usda.gov/apps/PriceDiscovery.

The contract price is only available for certified organic wheat. See the Contract Price Addendum for details.

Basic Unit - A basic unit includes all of your insurable wheat acreage in the county by share arrangement. Premiums are reduced 10 percent for a basic unit.

Optional Unit - If a basic unit consists of two or more sections of land, and certain recordkeeping requirements are met, you may apply for optional units by section. The 10-percent premium discount does not apply.

Enterprise Unit - Generally, all insured crop acreage in a county. Premium discounts apply.

Whole-Farm Unit - Generally, all the insured crops in the county that are covered by the insurance plan. Premium discounts apply. Not available under the Yield Protection Plan.

Common Crop Insurance Policy Basic Provisions

Yield Protection Plan - An insurance plan that only provides protection against a production loss and is available only for crops for which revenue protection is available.

Revenue Protection Plan - An insurance plan that provides protection against revenue loss due to a production loss, price decline or increase, or a combination of both.

Harvest Price Exclusion - An insurance plan that provides revenue protection though the use of the harvest price is excluded when determining your revenue protection guarantee. This election is continuous unless canceled by the cancellation date.

If you produce a crop on both irrigated and non-irrigated land, you can elect a different coverage level for each production practice. The election is available for additional coverage policies only when the actuarial documents provide separate coverage by irrigated and non-irrigated practices. Even if you have an additional coverage level policy, purchasing the CAT Endorsement is not allowed as one of the separate coverage levels.

ARPI may not be available in every county. Some of the information on this fact sheet does not apply. For more information go to the ARPI fact sheet.

This endorsement attaches to the Small Grains Wheat Crop Provisions and provides coverage for fall seeded wheat between the time coverage begins and the spring final planting date. This is available only in counties where both a fall final planting date and spring final planting date are provided in the Special Provisions. This endorsement is not available with CAT.

A replant payment is allowed only if the crop is damaged by a covered cause of loss so the remaining stand will not produce at least 90 percent of your bushel guarantee and it is practical to replant. The maximum replanting payment is the lesser of 20 percent of the bushel guarantee, or 4 bushels times your price election. Replant payments are not available with CAT. This is available only in counties where both a fall final planting date and spring final planting date are provided in the special provisions.

The Trend-Adjusted APH Yield Option adjusts yields in APH databases to reflect increases in yields through time in the county. Trend adjustments are made on each eligible yield within a qualifying APH database based on the county’s historical yield trend, which is provided in the county actuarial documents. The approved APH yield is calculated using trend-adjusted yields, as well as any other applicable yields, within the APH database. It may not be available for all practices, and the factor may vary by practice. This option is not available under CAT or with ARPI plans.

SCO is a crop insurance option that provides additional coverage for a portion of your underlying crop insurance policy deductible. The amount of SCO coverage depends on the liability, coverage level, and approved yield of your underlying policy. For more information go to the SCO fact sheet.

The Yield Exclusion option, when elected, allows you to exclude yields from your actual production history when the actuarial documents provide that the county average yield for that crop year is at least 50 percent below the 10 previous consecutive crop years’ average yield. A crop year that has been determined eligible for exclusion in a county will also be eligible for exclusion in contiguous counties. Producers who have either CAT or buy-up insurance policies can use this program. For more information go to the APH Yield Exclusion fact sheet.

These provisions provide protection on acreage that is planted after the final planting date or that cannot be planted. The late planting period begins the day after the final planting date for the insured crop and ends 15 days after the final planting date.

The price used to determine value in the revenue protection example above is the higher of projected price or harvest price. Figures are shown per acre. Guarantees and losses are paid by unit. See the policy provisions or ask your crop insurance agent for more information.