From unexpected natural disasters to major economic changes in the marketplace, there are many risks associated with the agricultural industry. That’s why determining your 2017 crop insurance protection is an important decision, and one that needs to be made and submitted on time. We’re here to help you collect the information you need to meet these current year deadlines.
Multi-Peril Crop Insurance (MPCI) | Corn | Soybeans | Wheat |
Projected Price Announced | Mar 5 | Mar 5 | Mar 5 |
2017 Enrollment/Change Deadline | Mar 15 | Mar 15 | Mar 15 |
Production History Deadline | Apr 29 | Apr 29 | Apr 29 |
Acreage Report Deadline | Jul 15 | Jul 15 | Jul 15 |
Premium Billing Date | Aug 15 | Aug 15 | Aug 15 |
Premium Payments Due | Oct 1 | Oct 1 | Oct 1 |
Harvest Price Announced | Nov 5 | Nov 5 | Sep 5 |
MPD (Multiple Price Discovery) Deadlines | Nov 15 Dec 15 | Nov 15 Dec 15 | |
MP (Margin Protection) Deadline | Sep 30 |
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Crop-Hail Insurance
Crop-hail insurance is different than MPCI because it is not part of the federal crop insurance program. Instead, private crop insurance companies sell these policies, and the premiums are not subsidized. Unlike MPCI, farmers may purchase a crop-hail policy at any time during the growing season. See the table below for hail policy premium deadlines by insurance company.
Crop-Hail Insurance | |
Farmers Mutual Hail premium due by | TBD |
NAU premium due by | TBD |
For more information about crop insurance, contact our experienced TCI agents.