Sugarcane

All sugarcane grown in the county is insurable if:

• You have a share in the crop;
• Grown for processing for sugar or for seed; and
• Not inter-planted with another crop.

Insurance shall not attach to any acreage of plant cane planted to sugarcane varieties CP65-357 and NCo310.

Sugarcane is insurable in the following Texas counties: Cameron, Hidalgo, and Willacy. Coverage in other counties may be available by written agreement if certain criteria are met. Please contact your insurance agent for insurance availability.

You are protected against the following:

• Adverse weather conditions, including hail, frost, freeze, excess precipitation, and drought;
• Fire, if due to natural causes;
• Failure of irrigation water supply, if due to an insured cause of loss within the insurance period;
• Insects, but not damage due to insufficient or improper application of pest or disease control measures;
• Plant disease, but not damage due to insufficient or improper application of pest or disease control measures; or
• Wildlife.

Insurance attaches:

• The later of the day we accept your application or at the time of planting for plant cane;
• To stubble cane on the day immediately following the end of the insurance period for the prior crop year if insurance with any insurance provider was in force for the insured crop or;
• On the day immediately following harvest of the previous crop if insurance was not in force for such crop.

Sales Closing…………………..….September 30, 2016

Cancellation Dates………………...September 30, 2016

Final Planting Date…………...……December 31, 2016

Acreage Report Date…………….………May 15, 2017

Premium Billing…………….…………January 1, 2018

End of Insurance………………………...April 30, 2018

Acreage Report - You must report all of your sugarcane acreage in the county by the acreage reporting date.

APH Yield - Actual production history (APH) yield is used to determine the production guarantee. The APH yield is based on up to 10 years of actual assigned yields and adjusted and/or unadjusted transitional yields.

Crop Year - The period within which the insured sugarcane is normally grown and designated by the calendar year in which the harvest of sugarcane normally begins in the county.

Harvest - Cutting and removing the mature sugarcane from the field.

Plant Cane - The insured crop which grows from seed planted for the crop year.

Production Guarantee - The number of pounds of sugar guaranteed (per acre) is determined by multiplying your average yield (per acre, based on your production records) by the coverage level percentage you choose.

Stubble Cane - The insured crop which grows from the stubble of sugarcane that was harvested the previous crop year.

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 an administrative fee of $300 per crop per county, regardless of the acreage.

Late and prevented planting provisions are not available for sugarcane.

Assume you have a 100 percent share in a unit of 100 acres of sugarcane, an approved yield of 8,000 pounds of raw sugar per acre, a coverage election of 65 percent, and a price election of $0.17 a pound. The production guarantee is 5,200 pounds of raw sugar per acre (8,000 x 0.65). Also assume that you are only able to harvest 400,000 pounds of raw sugar because the unit was damaged by an insurable cause of loss.