The FCIC has amended the Dry Bean and Dry Pea Crop Provisions for the 2022 and succeeding crop year, with the following changes:
- Allowance of enterprise unit division by type for dry beans and dry peas, preventing a gain on one type of crop from impacting an indemnity for a loss on another type
- Allowance of enterprise and optional units for dry beans to be insured by written agreement
- Clarification that if no insurable fall planted acreage exists, the later spring sales closing date would apply in counties that have offers for both the fall and spring-planted types.
Please reference Product Management Bulletin: PM-21-032 to review the bulletin in full.
Please click on the following links to review the Dry Bean and Dry Pea updated Crop Provisions:
Are you reading the Underwriting: Strength in the Field eNewsletter? Click here for the next article: Prevented Planting (PP) Cover Crop Relief
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