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Crop insurance deadline is Tuesday

7/14/2014

TOPEKA -- The USDA's Risk Management Agency reminds Kansas producers of fall-planted annual forage crops that the final date to purchase crop insurance under the Rainfall Index-Annual Forage Insurance Plan is Tuesday. The sales closing date is the last day to buy or make changes to a federal crop insurance policy.

The Annual Forage Insurance Plan provides coverage for annual crops used for livestock feed or fodder in all counties in Kansas, and is designed to give maximum flexibility to the rancher to manage their risks. Producers are able to divide their liability into two-month index intervals targeting months when precipitation is most important for their annual forage crop.

The rainfall index uses National Oceanic and Atmospheric Administration Climate Prediction Center precipitation data. NOAA creates the grids, which do not follow state, county or national boundaries. Each grid is rated individually based on the data for that grid. The rainfall index is designed to insure against a decline in an index value based on the long-term historical average precipitation for the same area for the same period.

A list of agents is available at all USDA Service Centers or at www.rma.usda.gov/tools/agents.