On August 18, 2022, the Federal Crop insurance Corporation Board of Directors approved changes to the Post-Application Coverage Endorsement crop insurance program, under section 508(h) of the Federal Crop Insurance Act. The changes include:
- The PACE insurance option for corn has been expanded to most counties in Iowa, Illinois, Minnesota, and Wisconsin where non-irrigated corn is insurable, in addition to the current select counties in Indiana, Kansas, Michigan, Nebraska, North Dakota, Ohio, and South Dakota.
- Clarifications were made to the definition and/or explanation for units, prevented post-application, split application, PACE nitrogen report, total nitrogen application rate, notice of loss, and written agreement, where applicable.
These changes are applicable for the 2023 and succeeding crop years. Please reference Product Management Bulletin PM-22-075 for more information.
Reading the Underwriting: Strength in the Field eNewsletter? Click here for the next article.
Featured
-
More Corn and Wheat Acres Expected in 2023March 24, 2023
-
Measuring Feed Cost Changes on Dairy OperationsMarch 24, 2023
-
Corn, Soybean Oil Lead Export LeapsMarch 24, 2023
-
State of Emergency Declared for 74% of California after Consecutive StormsMarch 27, 2023
-
Grain Storage to be Costly with Additional Interest Rate HikeMarch 27, 2023