FRESH MARKET SWEET CORN

Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont

Acreage planted to sweet corn to be harvested and sold as fresh market sweet corn is insurable, irrigated and non-irrigated land. To be insured, the producer must have grown sweet corn for commercial sale or participated in managing a sweet corn farming operation in at least one of the three previous crop years.

Exclusion: Sweet Corn inter-planted with another crop or in established grasses or legumes is not covered.

Causes of Loss

Drought, Excess Rain, Excess Wind, Fire, Freeze, Hail, Failure of Irrigation Water Supply, Wildlife

Note: This policy does not cover any loss of production due to disease or insect infestation, unless effective control measures do not exist for such infestation; or failure to market the sweet corn, unless such failure is due to actual physical damage caused by an insured cause of loss that occurs during the insurance period.

Insurance Period

Coverage begins when the sweet corn is planted and ends the earliest of: (1) Total destruction of the crop, (2) the date harvest should have started on any acreage that will not be harvested, (3) abandonment of the crop, (4) completion of harvest, (5) final adjustment of a claim, or (6) end of insurance date - September 30 for many counties, but may be earlier in Maine, VT or NH. Contact your crop insurance agent for details.

Reporting Requirements

Acreage Report — You must give a report of all your sweet corn acreage in the county by the acreage reporting date (July 15).

Definitions

Allowable Cost — An amount not to exceed $4.15 per container for harvesting and marketing costs (e.g., picking, hauling, packing, shipping, etc.) that is subtracted from the average price received to determine value of sold production.

Container — Fifty (50) ears of fresh sweet corn.

Guarantee — A guaranteed dollar amount of coverage that you select prior to planting.

Minimum Value — A minimum value of $6.50 per container will be used to determine value of production.

Coverage Levels & Premium Subsidies

Instead of guaranteeing production, the policy guarantees a dollar amount of coverage, depending on the level of coverage selected. Crop insurance premiums are subsidized as shown. For example if you select the 75% coverage level, the premium subsidy is 55% and your premium share is 45% 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

Catastrophic (CAT) Coverage is the equivalent of 27.5% of the reference maximum dollar amount stated in the actuarial tables. CAT is 100% subsidized with no premium cost to you except for an administrative fee of $300, regardless of the acreage.

Loss Example

A loss occurs when the crop value falls below the guaranteed dollar amount as a result of damage from a covered cause of loss. 

NOTE: Revenue losses caused by low market prices or low consumer demand are not covered.

The example below is based on a dollar guarantee of $1,557 per acre. It assumes 50 containers per acre produced and sold for $12 each, less allowable cost of $4.15, yields a net value of $7.85 per container.

$1,557  Dollar amount of coverage selected per acre

-   393   Production-to-count (50 containers @ $7.85)

$1,164   Loss per acre

-  118   Estimated premium per acre

$1,046  Net indemnity per acre

POTATOES

Connecticut, Maine, Massachusetts, Rhode Island 

Potatoes planted with certified seed for harvest as either certified seed stock or for human consumption may be insured. The policy does not cover any acreage where potatoes are: 1) Inter-planted with another crop;  planted into an established grass or legume; or, planted without following crop rotation requirements specified in the special provisions.

Causes of Loss

Drought, Excess Rain, Excess Wind, Fire, Freeze, Hail, Failure of Irrigation Water Supply, Wildlife

Note: This policy does not cover any loss of production due to disease or insect infestation, unless effective control measures do not exist for such infestation. Also, it does not cover loss of production from damage occurring after potatoes are placed in storage.

Insurance Period

Coverage begins when potatoes are planted and ends the earliest of: (1) Total destruction of the crop, (2) harvest of the crop, (3) abandonment of the crop, (4) final adjustment of a claim, or (5) end of insurance date – October 20 for Maine, October 31 for other New England States.

Reporting Requirements

Acreage Report — You must timely report to your crop insurance agent all the acers of potatoes in the county in which you have a share(June 30 in Connecticut, July 15 in other New England States).

Definitions

Approved Actual Production History (APH) Yield – A yield based on your actual yields, county average yields, or a combination of both. APH is used to determine your production guarantee. 

Production Guarantee — Hundredweight (CWT) guaranteed per acre determined by multiplying your approved APH yield times the coverage level percentage you elect.

Coverage Levels & Premium Subsidies

Coverage levels range from 50 to 70% of your average yield. Crop insurance premiums are subsidized as shown. For example if you select the 75% coverage level, the premium subsidy is 55% and your premium share is 45% 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

Catastrophic (CAT) Coverage is is fixed at 50% of your average yield and 55% of the price election. CAT is 100% subsidized with no premium cost to you except for an administrative fee of $300, regardless of the acreage.

Loss Example

A loss occurs when your actual production per acre falls below the guaranteed production per acre. 

The example below assumes an average yield of 240 CWT per acre, 65% coverage level, no options or endorsements and one basic unit. 

   240   CWT per acre average yield (APH)

X  .65   Coverage level percentage

    156   CWT per acre guarantee

-    56   CWT per acre production

    100   CWT per acre loss

X $9,70  Price election (price election varies by state)

    $970   Indemnity per acre

-    46   Estimated premium per acre

$   924  Net indemnity per acre

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Visit our online publications and fact sheets page at http://www.rma.usda.gov/aboutrma/fields/nc_rso/

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To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, Room 326-W, Whitten Building, 14th and Independence Avenue, SW, Washington, DC 20250-9410 or call (202) 720-5964 (voice or TDD). USDA is an equal opportunity provider and employer.