Corn

Idaho - Ada, Bannock, Bingham, Canyon, Cassia, Elmore, Franklin, Gem, Gooding, Jefferson, Jerome, Lincoln, Madison, Minidoka, Owyhee, Payette, Power, Twin Falls, and Washington counties.

Oregon - Baker, Benton, Clackamas, Columbia, Coos, Douglas, Jackson, Josephine, Lane, Linn, Malheur, Marion, Morrow, Multnomah, Polk, Umatilla, Washington, and Yamhill counties.

Washington - Adams, Benton, Clark, Clallam, Cowlitz, Ferry, Franklin, Grant, Grays Harbor, Island, Jefferson, King, Kitsap, Kittitas, Klickitat, Lewis, Lincoln, Okanogan, Pierce, Skagit, Snohomish, Stevens, Thurston, Wahkiakum, Walla Walla, Whatcom, and Yakima counties.

You are protected against the following:

• Adverse weather conditions;
• Earthquake;
• Failure of the irrigation water supply due to an insured cause of loss;
• 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;
• When revenue protection is in effect, a decline in the harvest price below the projected price;
• Volcanic eruption; or
• Wildlife.

Coverage begins at the time of planting and ends with the earliest occurrence of one of the following:

• Total destruction of the crop;
• Combining, or picking corn for grain or severing the stalk from the land and chopping for the purpose of livestock feed;
• Final adjustment of a loss;
• October 20 for corn insured as silage in all Idaho,Oregon, and Washington counties;
• October 31 for corn insured as grain in Clallam, GraysHarbor, Jefferson, King, Kitsap, Pierce, Snohomish,and Thurston counties in Washington; or
• December 10 for corn insured as grain in all other Idaho, Oregon, and Washington counties.

One policy provides the choice of three plans.

Yield Protection - Insurance coverage only providing protection against a production loss.

Revenue Protection - Insurance coverage providing protection against loss of revenue due to a production loss, price decline or increase, or a combination of both.

Revenue Protection with Harvest Price Exclusion - Insurance coverage providing protection only against loss of revenue due to a production loss, price decline, or a combination of both.

The Commodity Exchange Price Provisions (CEPP) contain information necessary to derive the projected price and the harvest price for the insured crop, as applicable. Information includes the price discovery period, release dates, boards of trade used, and additional pricing information available at crop insurance agent offices and the RMA website at www.rma.usda.gov/.

The projected price is used to calculate the premium, replant payment, and any prevented planting payment. The harvest price is used to value production-to-count under the Revenue Protection Plus, and the Revenue Protection with Harvest Price Exclusion insurance plans.

Yield Protection Guarantee - Determined by multiplying the production guarantee by the projected price. The harvest price is not used.

Revenue Protection Guarantee - Determined by multiplying the production guarantee (per acre) by the greater of the projected price or the harvest price.

Revenue Protection with Harvest Price Exclusion Guarantee - Determined by multiplying the production guarantee (per acre) by the projected price.

Choice of 50 to 85 percent of the approved average yield in 5-percent increments. For example, at the 75-percent coverage level, the farmer paid premium would be 45 percent of the total premium.

Catastrophic Risk Protection (CAT) coverage is fixed at 50 percent of the average yield and 55 percent of the projected price.

Policy provisions offer additional coverage options for:

• Insurance units;
• Late and prevented planting; and
• Replant payments.

Assume 100 percent share, 70 percent coverage level, 100 percent price of $3.86, and an average yield of 150 bushels per acre.