Agricultural News
Deadline Approaches to Purchase Noninsurable Crop Disaster Program Coverage
Tue, 04 Mar 2014 13:00:22 CST
Oklahoma Farm Service Agency (FSA) executive director Francie Tolle reminds producers of the March 17, 2014 deadline to purchase Noninsurable Crop Disaster Assistance Program (NAP) coverage for spring and summer planted crops. This deadline applies to warm season grasses intended for grazing, as well as spring and summer planted crops such as: forage sorghum, peas, soybeans, sunflowers, watermelons and all other spring and summer planted specialty crops grown for food.
NAP covers losses caused by damaging weather conditions. Producers receive a payment when the loss is in excess of 50 percent. Losses are generally determined by the percentage of loss compared to the producer's Actual Production History (APH). Eligible production losses are paid at 55 percent of the established value for the crop. NAP participants must report loss on CCC-576 within 15 days of the damaging weather or when the loss become apparent.
"Purchasing a crop insurance policy is an easy way for producers to practice risk management," said Tolle. "Oklahoma producers have seen firsthand how natural disasters can directly affect the profitability and recovery of agricultural operations."
The following crops have a NAP application closing date of March 17th: cantaloupes, corn (grain or silage), cotton, cowpeas, cucumbers, eggplant, garbanzo beans, grain sorghum (grain or silage), grass (warm season grazing), green beans, guar, herbs, honeydew, lentils, millet (grain or forage), mungbeans, okra, peanuts, peas (except Austrian Winter), peppers, popcorn, pumpkins, radishes, safflower, sesame, sorghum forage/hay grazer, soybeans, squash, sunflowers, sweet corn, sweet potatoes, and watermelon.
In order to meet eligibility requirements for NAP, crops must be noninsurable through the Risk Management Agency (RMA) in that county.
Producers must file the application and service fee by the March 17th deadline. The service fee is the lesser of $250 per crop or $750 per producer per administrative county, not to exceed a total of $1,875 for a producer with farming interests in multiple counties.
For more information on NAP, producers should contact their local Farm Service Agency office, or go online to www.fsa.usda.gov/ok.
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