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United States
Department of Agriculture

Risk Management Agency Fact Sheet

2018 Crop Year

Springfield Regional Office — Springfield,IL

January 2018

Processing Beans

Illinois,  Indiana,  Michigan

Crop Insured

You can insure snap and lima processing beans if:

  • They are grown on insurable acreage;
  • Premium rates are provided;
  • You have a share;
  • They are grown under, and in accordance with, a processor contract;
  • They are not inter-planted with another crop; and
  • They are not planted into an established grass or legume.
Counties Available

Illinois - Lawrence, Lee, Mason, and Whiteside counties.

Indiana - Bartholomew and Sullivan counties.

Michigan - Cass, Grand Traverse, Kalamazoo, Mason, Montcalm, Oceana, and St. Joseph County.

Causes of Loss

You are protected against the following:

  • Adverse weather;
  • Earthquake;
  • Failure of irrigation water supply;
  • Fire;
  • Insect damage and/or plant disease; unless you have insufficiently or improperly applied pest or disease control measures;
  • Volcanic eruption; or
  • Wildlife.
Insurance Period

Coverage begins on the later of:

  • The date we accept your application; or
  • The date you plant the processing beans.

Coverage ends with the earliest occurrence of one of the following:

  • Total destruction of the crop;
  • The date the crop should have been harvested;
  • Abandonment of the crop;
  • Final adjustment of a loss;
  • The date the processor contract is fulfilled;
  • Harvest of the crop; or
  • September 20, 2018, for snap beans and October 5, 2018, for lima beans.
Important Dates
  • Sales Closing / Cancellation Date………… March 15, 2018
  • Final Planting (Illinois, Indiana)………… June 20, 2018
  • Final Planting (Michigan)…………July 15, 2018
  • Acreage Reproting (Illinois, Indiana)…………July 15, 2018
  • Acreage Reporting (Michigan)………… August 15, 2018
Reporting Requirements
You must report all of your processing bean acreage, production, and any losses, when evident, to your insurance agent. You must also provide a copy of all processor contracts.
Coverage Levels and Premium Subsidies

Crop insurance premiums are subsidized as shown in the following table. Subsidy levels shown are the lowest available. Levels will vary based on individual policy selections. For example, if you select the 75 percent coverage level, the premium subsidy is 55 percent and your premium share is 45 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
Price Elections
A price election is the price you are paid per ton if you have a loss. This is based on the percentage of the established price you chose. For the 2018 crop year, you may choose 55 to 100 percent of the established price.
Coverage Options
Actual Production History (APH) - The only plan of insurance available for processing beans. You choose the amount of your average yield you wish to insure and the percent of the RMA established price. If your production falls below the yield insured, you are paid a loss.
Replanting and Prevented Planting

Replanting - Replant payments are not available for processing beans.

Prevented Planting - You may receive a prevented planting payment if you are unable to plant on or before the final planting date because of an insurable cause.

Loss Example

A loss occurs when crop production falls below your guaranteed tonnage. Assume 70 percent coverage level, a price election of $160.00 (snap beans), an average yield of 3.0 tons per acre with 100 percent share, and production of 175 tons.
3 Tons APH Yield
0.70 Coverage Level
2.1 Tons per acre Guarantee
100 Acres
210 Tons Unit Guarantee
175 Tons Production
35 Tons Loss
$160 Price Election
$5,600 Unit Payment
1.00 Share
$5,600 Final Payment
       
Where to Buy Crop Insurance
You can buy a crop insurance policy from approved participating insurance agents. A list of crop insurance agents is available at all USDA service centers and on the RMA web site at Agent Locator Page

  Regional Office Visit

  • Brian Frieden, Director
    3500 Wabash Ave.
    Springfield, IL 62711-8287
  • Phone: 217-241-6600
  • Fax: 217-241-6618
  • Email: rsoil@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.