Peaches

Peaches are insurable if:

• They are peaches (including nectarines) in the county and are grown on insurable acreage;
• They have premium rates;
• You have a share;
• They are grown on tree varieties that are commercially available when the trees were set out, they are a variety that has a chilling hour requirement that is appropriate for the area, and are grown on a root stock that is adapted to the area;
• They are grown for the production of fresh peaches;
• They are grown in an orchard that, if inspected, is considered acceptable by us; and
• The trees have reached at least the fourth growing season after set out. However, we may agree, in writing, to insure acreage that has not reached this age if it has produced at least 100 bushels of peaches per acre.

Peaches are insurable in Dunklin and Stoddard counties. Coverage in other counties may also be available by written agreement if certain criteria are met, including records for at least 3 years of production history. Contact your crop insurance agent or for more information see the Kansas Regional Office Page.

You are protected against the following:

• Adverse weather conditions;
• Earthquake;
• Failure of irrigation water supply due to a covered cause of loss during the insurance period;
• Fire, unless weeds and other forms of undergrowth have not been controlled or pruning debris has not been removed from the orchard;
• Insects, but not damage due to insufficient or improper application of pest control measures;
• An insufficient number of chilling hours to effectively break dormancy;
• Plant disease, but not damage due to insufficient or improper application of disease control measures;
• Volcanic eruption;
• Wildlife, unless control measures have not been taken; or
• All other natural causes of loss that cannot be prevented.

For the application year, coverage begins on:

• November 21; or
• The day immediately following the end of the insurance period for the prior crop year, for each subsequent crop year that the policy remains continuously in force.

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

• Total destruction of the insured crop;
• Harvest of the insured crop;
• Final adjustment of a loss on a unit;
• September 30;
• Abandonment of the insured crop; or
• As otherwise specified in the special provisions.

Sales Closing ...……...…....…..…. November 20, 2016

Cancellation Date ...…………....... November 20, 2016

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

Production Reporting Date ............… January 15, 2017

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

End of Insurance ...…………..….. September 30, 2017

Acreage Report - A report of all your peach acreage by type in the county is due to your crop insurance agent by the Acreage Reporting Date.

Leaf Year - To determine leaf year, subtract the set out year from the calendar year of insurance (or actual production history crop year for the yield substitution purposes) then add 1 year.

Loss in quality - When the crop is damaged so that you do not receive the average price for U.S. Extra No. 1 peach.

Production Guarantee - Number of bushels guaranteed, per acre, determined by multiplying your approved yield per acre by the coverage level percentage you choose. Yields are based on actual production history (APH) records reported to your insurance provider.

Set Out Year - The set out year for APH reporting is the actual calendar year for acreage planted before July 1. For acreage planted on or after July 1, the set out year is the year following the calendar year in which set out actually occurred.

Post Production Cost - The costs specified in the special provisions that are associated with activities that occur during harvesting, packing, transportation, and marketing.

You may choose only one coverage level for all fresh peach acreage. The peaches policy guarantees a certain amount of production, depending on the level of coverage you choose. Crop insurance premiums are subsidized as shown in the table. For example, if you choose the 75-percent coverage level, the premium subsidy is 55 percent and your premium share is 45 percent of the base premium.

For coverage levels above the Catastrophic Risk Protection (CAT) level, in addition to premium costs, administrative fees are $30 per crop, per county.

CAT coverage is available at 50 percent of your APH yield and 55 percent of the established price election. The total cost for CAT coverage is an administrative fee of $300 per crop, per county regardless of the acreage.

The price at which you are compensated per bushel in the event of a loss, based on the percentage of the established price you have chosen. Price election percentage choices for this crop year are 55 percent to 100 percent of the prices shown. The established price for peaches in Missouri is:

Fresh Fruit ………….………………. $26.75 per bushel

Post Production Cost Amount ……….. $8.05 per bushel

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

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

Optional Unit - A basic unit may be divided into optional units if each optional unit is:

• Located on non-contiguous land; or
• By varietal group.

APH is the only insurance plan available for peaches. The production guarantee is based on your individual yield history.

No replant payment is available.

The late and prevented planting provisions of the Basic Provisions are not applicable.

A loss occurs when the crop production falls below the guaranteed bushel amount because of damage from a covered cause of loss. Mature, marketable, peach production may be reduced because of a loss in quality due to an insured cause of loss. The amount of production-to-count for such peaches is determined for fresh peaches by dividing the value of the damaged peaches minus the post production cost, specified in the special provisions, by the fresh peach price election and multiplying the result (not to exceed 1.00) by the number of bushels of the damaged fresh peaches.

Assume a final stage loss at the 65-percent coverage level, a 100-percent price election of $26.75 and an approved APH yield of 100 bushels per acre.

Guarantees and losses are paid by unit. See policy provisions or ask your crop insurance agent for more information.