Macadamia Nuts

Hawaii

Crop Insured

All macadamia nuts are insurable if:

  • You have a share;
  • They are adapted to the area;
  • Grown on rootstock that is adapted to the area;
  • Grown on trees that have reached at least the fifth growing season after being set out or grafted; and
  • If RMA inspects and approves the orchard.
Counties Available
Macadamia nuts are insurable in Hawaii, Kauai, and Maui counties. Macadamia nuts in other counties may be insurable by written agreement if specific criteria are met. Contact a crop insurance agent for more details.
Causes of Loss

You are protected against the following:

  • Adverse weather conditions;
  • Earthquake;
  • Failure of irrigation water supply, if caused by an insured peril during the insurance year;
  • Fire;
  • Insects or plant disease, but not damage due to insufficient or improper application of control measures;
  • Volcanic eruption; or
  • Wildlife.
Insurance Period
Coverage begins on January 1 of each crop year and ends on June 30 of the second year.
Important Dates
Sales Closing/Cancellation…...December 31, 2016
Acreage Reporting……..………..February 15, 2017
Premium Billing……….........……...August 15, 2017
Termination…………...……......December 31, 2017
Coverage Levels and Premium Subsidies

Coverage levels range from 50 to 75 percent of your approved yield. Crop insurance premiums are subsidized as shown in the following table. For example, if you choose the 65 percent coverage level, your premium share would be 41 percent of the base premium.

Item
Percent
Coverage Level
50
55
60
65
70
75
Premium Subsidy
67
64
64
59
59
55
Your Premium Share
33
36
36
41
41
45

 

Catastrophic Risk Protection (CAT) coverage is fixed at 50 percent of your approved yield and 55 percent of the price election. CAT is 100 percent subsidized with no premium cost to you. There is, however, an administrative fee of $300 per crop per county, regardless of the acreage.

Price Elections
The price used to calculate your premium and indemnity.
Macadamia Nuts………………………$0.90
Loss Example

Assume 65 percent coverage, 100 percent share, and an average yield of 4,000 pounds per acre.

4,000 Pounds per acre average yield
0.65 Coverage level percentage
2,600 Pounds per acre guarantee
2,000 Pounds per acre actually produced
600 Pounds per acre loss
$0.90
Price Election, per pound
$540 Gross indemnity per acre

 

   

 

Price used above is for example only. Contact a crop insurance agent for current information.

Where to Buy Crop Insurance
All multi-peril crop insurance, including CAT policies, are available from private insurance agents. A list of crop insurance agents is available at all USDA service centers and on the RMA website at Agent Locator.

  Regional Office Visit

  • Jeffrey Yasui, Director
    430 G Street, Suite 4168
    Davis, CA 95616-4168
  • Phone: 530-792-5870
  • Fax: 530-792-5893
  • Email: rsoca@usda.gov
This fact sheet gives only a general overview of the crop insurance program and is not a complete policy. For further information and an evaluation of your risk management needs, contact a crop insurance agent
The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or a part of an individual’s income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA’s TARGET Center at 202-720-2600 (voice and TDD). To file a complaint of discrimination, complete, sign and mail a program discrimination complaint form, (available at any USDA office location or online at www.ascr.usda.gov), to: United States Department of Agriculture; Office of the Assistant Secretary for Civil Rights; 1400 Independence Ave., SW; Washington, DC 20250-9410. Or call toll free at (866) 632- 9992 (voice) to obtain additional information, the appropriate office or to request documents. Individuals who are deaf, hard of hearing, or have speech disabilities may contact USDA through the Federal Relay service at (800) 877-8339 or (800) 845-6136.