July 15 Annual Forage
Aug 31 Canola
Sept 30 Barley, Oats (Spring & Winter), Rye, Triticale, Wheat
Dec 1 Pasture, Rangeland & Forage
Mar 15 Corn, Cotton, Grain Sorghum, Hemp, Hybrid Sorghum Seed, Peanuts, Sesame, Silage Sorghum, Soybeans, Sunflowers
Livestock Risk Protection – Sold Monday thru Friday after 3:30pm before 9:00 am (When offerings available) – Premium due by end of endorsement.
Livestock Gross Margin – Sold on Thursday of the week when the coverage prices and rates are posted on the RMA website and ends at 9:00am Central Time on the following day. The premium billing date will be the first business day of the month following the last month that you report insured marketings in your target marketings report.
Dairy Revenue Protection – The sales period begins each day when the coverage prices and rates are validated and published on RMA’s website by 4:30 pm Central time and ends at 9:00 am Central time of the following business day in which you can purchase quarterly endorsements. Premium is payable at the end of the Quarterly Insurance Period.
Jan 15 Barley, Canola, Rye, Triticale, Wheat, Winter Oats, Annual Forage Growing Season 2
Apr 15 Annual Forage Growing Season 3
May 15 Spring Oats
July 15 Corn, Cotton Grain Sorghum, Hybrid Sorghum Seed, Peanuts, Sesame, Silage Sorghum, Soybeans, Sunflowers,Annual Forage Growing Season 4
July 31 Hemp
Oct 15 Annual Forage Growing Season 1
Dec 1 PRF
Oct 15 Sorghum Silage
Oct. 31 Hemp
Nov 30 Hybrid Sorghum Seed, Sunflowers, Annual Forage
Dec 10 Corn, Grain Sorghum, Sesame, Soybeans
Dec 31 Peanuts
Jan 31 Cotton
Oct 31 Barley, Canola, Rye, Oats, Triticale, Wheat
45 Days after the applicable Sales Closing Date.
November 14 Fall Crops
April 29 Spring Crops
Oct 14 Canola
March 15 Wheat Short Rate
New Breaking – RMA
Mar 15 Corn, Cotton, Grain Sorghum, Hybrid Sorghum Seed, Peanuts, Sesame, Silage Sorghum, Soybeans, Sunflowers
Aug 31 Canola
Sept 30 Barley, Oats, Triticale, Wheat
Mar 15 Spring Crops (when available)
Aug 31 Canola
Sept 30 Fall Crops (when available)
Apr 28 Corn, Cotton Grain Sorghum, Hybrid Sorghum Seed, Peanuts, Sesame, Silage Sorghum, Soybeans, Sunflowers
Oct 14 Canola
Nov 14 Barley, Oats, Wheat, Rye, Triticale
Premium & Interest Attachment Dates
TERMS TO REMEMBER
Short Rate
Pay approximately 40% of the full premium since you were insured from the time the wheat was sown until March 15th. Coverage is terminated at this time.
Termination Date
Premium must be paid by sales closing date of the following year.
Continuous Policy
A policy remains active until canceled in writing by the insured. The policy will remain at the same level each year unless covrage level is changed on a new application by Sales Closing Date.
Beginner Farmer & Rancher (BFR) –must not have actively operated and managed a farm or ranch in ANY county/state, for more than 5 years, with an insurable interest in a crop or livestock as an: owner-operator, landlord, tenant, or sharecropper. Exclusions may apply: under the age of 18, in post-secondary studies or on active duty in the U.S. military.
Veteran Farmer & Rancher (VFR) – A veteran, who served in the active military, naval, or air service in the Armed Forces and was discharged or released under conditions other than dishonorable, and: has not operated a farm or ranch, has operated a farm or ranch for not more than 5 years; or is a veteran who has first obtained status as a veteran during eh most recent 5-year period, even if that veteran has previously operated a farm or ranch for more than five years. Applies to individuals on a nationwide basis and not for each state, county and crop. VFR is continuous once a veteran applies and qualifies (documentation submitted with application).
New Producer (NP) –a person who has not been actively engaged in farming for a share of the production of the insured crop in the county for more than 2 APH crop years.
Limited resource farmer/rancher – A limited resource farmer or rancher is defined as an individual who has: (1) Direct or indirect gross farm sales not more than$100,000 in each of the previous two years (to be increased starting in fiscal year 2004 to adjust for inflation using Prices Paid by Farmer Index as compiled by National Agricultural Statistical Service (NASS)), and (2) A total household income at or below the national poverty level for a family of four, or less than 50 percent of county median household income in each of the previous two years (to be determined annually using Commerce Department Data).