2024 planting started off strong and then slowed up for most of Missouri as rains came nearly every other day. Many farmers are done or nearing the end. As we move into forward below are some reminders.
Call our office before you replant. If you suspect you need to replant for any reason, give our office a call first. Every crop insurance policy has basic replant payments built into the policy. Calling prior to replanting any acres allows for an adjuster to give you the “go head” so you don’t jeopardize any potential payments. This year basic corn replant pays $37/acre and soybeans pay $34/acre.
Do not destroy a crop without consent. If you are considering not taking your insured wheat to grain, please call our office first. You are required to receive an appraisal from an adjuster prior to doing so. This also applies to corn when cutting it for silage.
Report your spring planted crops to our office AND your local FSA prior to July 15. Which office you report to first does not matter, but we are happy to send your information along to FSA when you report with us first. Regardless, you’ll still have to visit both places to sign paperwork.
Wheat harvest is upon us and here are some reminders. With the current rainy weather, we have the possibility of quality issues affecting production. If you have any concerns during harvest please contact the office. Also, the harvest price for wheat will be set on July 31. A drop in price could be a cause for a revenue loss depending on your actual yield. Reporting of revenue losses must be made timely.
If you planted wheat for cover, but harvested it for grain you will need to report the production to us for APH purposes.
If you plant soybeans after wheat harvested for grain, regardless of whether the wheat was insured or not, the soybeans planted are a second crop. To be insurable they must have a written agreement done by July 15. If you decide to not insure the second crop soybeans, those acres still must be reported at acreage reporting time. Production off those acres must also be reported.
Review your Schedule of Insurance (SOI). After you have reported your plantings, you will receive a SOI in the mail shortly after. It is important to review this document for accuracy. You should confirm the correct crop and number of acres are reported to the correct farm/unit. This document will also show your insurance premium, but you won’t be sent a bill until August.
These are just a few things to keep in mind as we move into summer. As always if you have any concerns about your crops or need to report damage to a crop, please contact our office.