Multi-Peril Crop Insurance

MPCI PRODUCTS AVAILABLE

CAT (CATASTROPHIC COVERAGE)

Provides coverage for catastrophic bushel loss. This is a low cost, minimal coverage product. CAT does not meet FSA crop insurance requirements when accepting disaster payments if you did not carry coverage the year of the disaster.

APH (ACTUAL PRODUCTION HISTORY COVERAGE)

Available only on Canning Crops & Forage. Losses are paid if actual yield is less than the guaranteed yield. Bushels are guaranteed at the determined price, set in the spring. The guaranteed price will not change regardless of market movement.

YP (YIELD PROTECTION COVERAGE)

Losses are paid if actual yield is less than the guaranteed yield. Bushels are guaranteed at the Projected Price, set in the spring the same as RP (Revenue Protection). The guaranteed price will not change regardless of market movement.

RP (REVENUE PROTECTION COVERAGE)

Guarantees a dollar amount of coverage based on your production history and February average CBOT prices. Actual production is valued at the average CBOT price to determine loss. If the October Harvest Price average is higher than February, a new guarantee will be calculated.

RP-HPE (REVENUE PROTECTION W/ HARVEST PRICE EXCLUSION COVERAGE)

Guarantees a dollar amount of coverage based on your production history and February average CBOT prices. Actual production is valued at the average CBOT Projected price to determine loss. If the October Harvest Price average is higher than February, a new guarantee will NOT be calculated because this policy excludes using the Harvest Price.

AYP (AREA YIELD PROTECTION)

Provides bushel loss protection based on a county trigger yield. NASS averages are used to determine claims.

ARP (AREA REVENUE PROTECTION)

Is like AYP, in that it uses NASS yields to determine guarantee and claims. ARP provides revenue protection like CRC by using CBOT prices in the spring and fall.

WFRP (WHOLE FARM REVENUE PROTECTION)

Provides a safety net for all commodities on the farm under one insurance policy.

PASTURE, RANGELAND, FORAGE

Provides insurance coverage on pasture, rangeland, or forage acres utilizing a rainfall index to determine precipitation for coverage purposes. Grids are used based on the location.  This program is designed to help protect an operation from forage loss due to the lack of precipitation. Coverage is based on precipitation expected during specific intervals only.