Did you know Farm Credit offers Margin Protection for 2018? Pasture, Rangeland, Forage Coverage is also available.
Corn & Soybeans Margin Protection
- Provides coverage against increased input costs or reduced county yields or commodity prices
- County-based policy
- Offers similar premium subsidies as other existing area-based plans with coverage levels up to 95 percent
- Can be purchased as a stand-alone policy or in conjunction with a Yield Protection or Revenue Protection base policy
- Sales closing date is Sept. 30, 2017 for 2018 coverage
Pasture, Rangeland, Forage Coverage
- Provides coverage on pasture acres to cover replacement feed costs if – due to a lack of precipitation – a loss of forage for grazing or hay for harvesting occurs
- Area-based precipitation index
- Grazing or haying pasture insured in two month intervals up to 90 percent
- Sales closing date is Nov. 15, 2017 for 2018 protection
Also remember, the sales closing date for 2018 wheat is Sept. 30, 2017.
Visit www.farmcreditIL.com/map to contact your local FCI crop insurance professional for more details.