May 2024 Newsletter

Prevented Planting Resources

Prevented Planting

Prevented Planting is a risk management strategy utilized by farmers when it is not possible to plant crops due to unfavorable weather conditions or other factors. This option allows farmers to receive indemnity payments if they are unable to plant an insured crop by the final planting date. By choosing prevented planting, farmers can mitigate potential financial losses caused by circumstances beyond their control.

To determine if you qualify for prevented planting, you should contact your crop insurance agent. They will review your specific situation and provide guidance on eligibility based on the relevant criteria outlined in your insurance policy. It is important to reach out to them promptly to understand your options and next steps.

To file prevented planting, you need to contact your crop insurance agent within 72 hours of deciding not to plant. Your agent will provide you with the necessary forms to submit a prevented planting claim. It's essential to document the decision-making process and keep records of field conditions as evidence for the claim. Submit the required forms promptly to ensure a smooth processing of your prevented planting claim.

For more information click on “Resources” below to view our website

March 2024 Newsletter

2024 projected price

Spring Wheat….………$6.84

Spring Oats….…………$3.38

Corn……………..…….. $4.66

Grain Sorghum……..….$4.67

Oil Sunflower…...……..$0.238

Confection Sunflower…$0.288

Soybeans………………. $11.55

Projected Crop Insurance Prices Released

Crop insurance price is a significant factor for farmers when considering risk management strategies. The cost of crop insurance can vary depending on various factors such as the type of crop, location, coverage level, and historical yield data. Farmers often evaluate different insurance options to find the best coverage that suits their needs while remaining cost-effective. Understanding the intricacies of crop insurance pricing is essential for farmers to make informed decisions to protect their crops and livelihoods.


Sales Closing Deadline March 15th, 2024

Deadline Approaching for Changes to Crop Insurance Contract

Attention all farmers!

Please be advised that the deadline for adjusting your crop insurance policy is quickly approaching. It is crucial to act promptly and make the necessary modifications to ensure that your coverage aligns with the changing needs of your farm.

We strongly urge you to conduct a detailed review of your current insurance policies to guarantee optimal protection for your crops. Don't hesitate to get in touch with CIP Agency as soon as possible to discuss customized insurance options that are designed to meet your individual requirements before the deadline.

Thank you for your attention to this matter.