2020 Revenue Price Tracking Updated as of 3/3/2020

Join us for an insurance update meeting followed by dinner and dancing on February 7th in West Fargo, ND! Details are listed below. We have a block of hotel rooms at the Double Tree in West Fargo for a rate of $99 – just mention the group name “Heritage Insurance/Valley Crop Insurance”.  In order to…

The T-Yields for Barley and Corn were updated for 2020. See table below.                               In addition to the T-Yield changes, some of the other 2020 Filing Changes include changing Wheat in the following counties from CC/SF to Non-Irrigated: Adams Burke Bottineau…

The Wildlife and Hurricane Indemnity Program (WHIP+) was born from hurricanes Michael, Florence, and Dorian as well as covered natural disasters.  Although this program authorized the money, it did not have specific language or geographical spread on where or how the money was to be dispersed.  An additional supplement was attached to it in 2019…

The final fall revenue prices have been announced.  Below are the trigger charts for soybeans and corn, along with sunflower prices. 2019 Soybean Trigger Chart 2019 Corn Trigger Chart Oil Sunflowers Projected Price – $.167 Harvest Price – $.161 Confectionery Sunflowers Projected Price – $.225 Harvest Price – $.219

In a word – challenging.  This has been the theme since the farm bill passage last December so why would the harvest be any different?  Over the last three weeks our office has been deeply involved with conveying North Dakota issues to our D.C. counterparts, RMA administrators, and legislators.  We continue to try and find…

Barley Trigger Chart 2019 Durum Wheat Trigger Chart 2019 Spring Wheat Trigger Chart 2019

Supporting Prevented Plant Disaster Payments AIPs (Approved Insurance Providers) are preparing to support the Prevented Plant (PP) supplemental disaster payments, which is providing assistance to producers who were prevented from planting eligible crops due to excess precipitation, flood, storm surge, and other calamities in the 2019 crop year. (This is WHIP, Wildlife and Hurricane Indemnity…

The U.S. Department of Agriculture (USDA) announced today that producers currently participating in federal crop insurance who had in 2019 a payable prevented planting indemnity related to flooding, excess moisture or causes other than drought will automatically receive a “top-up” payment. Producers will receive the payment from their Approved Insurance Providers (AIPs) starting in mid-October.…