Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   

Agricultural News


USDA Releases APH Yield Exclusion Resources to Help Farmers

Fri, 19 Dec 2014 12:22:01 CST

USDA Releases APH Yield Exclusion Resources to Help Farmers

The U. S. Department of Agriculture's Risk Management Agency (RMA) announced program details related to a new Farm Bill initiative that will provide relief to farmers affected by severe weather, including drought. Information made available Thursday includes eligible crops, crop years, and counties where producers are eligible to exclude certain yields under the Actual Production History (APH) Yield Exclusion, a fact sheet, and a list of frequently asked questions.


The APH Yield Exclusion will be available in the actuarial documents beginning in the 2015 crop year for spring planted corn, soybeans, wheat, cotton, grain sorghum, rice, barley, canola, sunflowers, peanuts, and popcorn. It will allow eligible producers who have been hit with severe weather to receive a higher approved yield on their insurance policies through the federal crop insurance program.


"APH Yield Exclusion will provide additional options to producers who have suffered from devastating natural disasters," said RMA Administrator Brandon Willis. "The resources made available today will help eligible producers get the most benefit out of the new protections created in the 2014 Farm Bill."


Under the new Farm Bill program, yields can be excluded from farm actual production history when the actuarial documents provide that the county average yield for that crop year is at least 50 percent below the 10 previous consecutive crop years' average yield.


The APH Yield Exclusion allows farmers to exclude yields in exceptionally bad years (such as a year in which a natural disaster or other extreme weather occur) from their production history when calculating yields used to establish their crop insurance coverage. The amount of insurance available to a farmer is based on the farmer's average historical yields. In the past, a year of particularly low yields that occurred due to severe weather beyond the farmer's control would reduce the amount of insurance available to the farmer in future years. By excluding unusually bad years, farmers will not have to worry that a natural disaster will reduce their amount of insurance for years to come.


Crop insurance is sold and delivered solely through private crop insurance agents. Producers should contact a local crop insurance agent for more information about the program or
by clicking here. A list of crop insurance agents is available at all USDA Service Centers or on the RMA website by clicking here.


Thursday's announcement was made possible by the 2014 Farm Bill. The 2014 Farm Bill builds on historic economic gains in rural America over the past five years, while achieving meaningful reform and billions of dollars in savings for taxpayers. Since enactment, USDA has made significant progress to implement each provision of this critical legislation, including providing disaster relief to farmers and ranchers; strengthening risk management tools; expanding access to rural credit; funding critical research; establishing innovative public-private conservation partnerships; developing new markets for rural-made products; and investing in infrastructure, housing and community facilities to help improve quality of life in rural America. For more information, by clicking here.

   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Feeder Steers Steady to Higher, Feeder Heifers Higher, Steer   Thu, 06 Oct 2022 02:44:07 CDT
  • Top Winners of the 2022 Tulsa State Fair Market Animal Show Awarded Over $400,000   Wed, 05 Oct 2022 21:23:45 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. October 5, 2022  Wed, 05 Oct 2022 15:02:36 CDT
  • October 5, 2022, Market Wrap-Up with Justin Lewis  Wed, 05 Oct 2022 14:16:44 CDT
  • Growth Energy Cheers Missouri Biofuel Incentives Signed into Law  Wed, 05 Oct 2022 13:59:17 CDT
  • Congressman Lucas Announces October Town Hall Meetings in Oklahoma Panhandle  Wed, 05 Oct 2022 13:58:09 CDT
  • Upcoming OLAC Workshop to Help Grow Capacity of Local Oklahoma Agriculture   Wed, 05 Oct 2022 12:00:20 CDT
  • OKFB Welcomes Appropriation of Additional Drought-Relief Funds   Wed, 05 Oct 2022 10:58:31 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.