1. Jordan Olsen
Crop Insurance Specialist
Frontier Farm Credit – Baldwin City Branch

3. What is a “Specialty Crop”?
 “A crop not insured or insurable under
normal MPCI standards or practices”
 Extra paperwork involved
 Different set of guidelines apply
 Extraordinary circumstances
 Non-typical PTV

4. Specialty Insurance Available:
 MPCI – Organic crops
 Crop Hail – wind, fire, transport
 LRP – Livestock Risk Protection
 PRF – Pasture Rangeland and Forage
 Specialty corn coverage (Blue & High Amylase &
High Amylose)
 Cover Crops

5. Multiple Peril Crop Insurance
Protects against:
 Guarantees the producer
a Bushel or $ figure
 Government subsidized
 Homogenous pricing
 Protects against natural
disaster
 Many options available
 Price fluctuation
 Heat
 Drought
 Freeze
 Disease
 Wind
 Wildlife
 And more….

6. Multi-Peril Insurance on Organics
 Stipulations:
 MPCI available for most common organic crops in KS
 Must be “Certified Organic” to qualify
 Must have a buffer and 3 years with no chemicals
applied
 Must purchase certified organic seed
Over 2 million organic acres nation wide, ≤ 25% insured

7. Organic crops
Advantages
Disadvantages
 Higher Prices!!
 More Work
 Insurance guarantee can be
 More paperwork
set by contract price
 No chemical/fertilizer bill
 No chemicals in the soil
 Red Tape
 Travel time finding seed
 Possible lower yields
 Limited market
 3 yr. transitional period

8. Organic References
 Indiana Certified Organic/ECOCERT:
 http://www.ecocertico.com/
 RMA/USDA organic website:
 http://www.rma.usda.gov

9. Crop Hail, Wind, Fire, Transport
Crop Hail
Coverages Available:
 Sold by $100s per acre
 Hail
 2 hr. binder (company specific)
 Fire (Included in most Basic coverage)
 Variable rates per township
 Extra fire/lightning (DCSB)
& Range
 Ability to stack coverage as
season progresses
 Upper coverage limits
 $50.00 minimum
 Insure ≥ 100% of crop value
 Replant buy-up
 Prevented Plant
 Transport
 Wind/Greensnap
(corn & wheat only)

10. Crop Hail - Crop Availability:
 Corn
 Sweet corn
 Soybeans
 Popcorn
 Wheat
 Seed corn
 Gr. Sorghum/Milo
 Some cover crops
 Sunflowers
 Forage crops
 Rye
 Canola
 Oats
 Dry beans
 Cotton
 Potatoes
 Barley

11. Livestock Risk Protection - LRP
Protects against price drops in the market
 Available for swine, lambs, and beef
 Insure 1-2,000 head/yr.
 Policy periods: 13-52 weeks
 Lock in a percentage of the price on the CBOT
 Premium calculated by price, length, and commodity
 No need to turn in a claim
 Must have possession of the cattle within 30 days of
end date


12. Livestock Risk Protection - LRP

13. LRP Specifications





On SCE:
Number of head to insure
Finishing weight,
Steers vs. heifers
Length of endorsement
 Must have application on file.
 Lock price between 4:00 PM and 9:00 AM
 Premium paid and SCE signed within 24 hrs.

14. Pasture Range and Forage (PRF)
 Protect crops from rainfall shortage based on long-
term averages
 Cost varies from $2-$35/acre
 Must choose at lease two 2 month intervals
 Only one sales closing date each year – Nov 15th.

15. Specialty Corn:
Blue, High Amylase, and High Amylose
 MPCI coverage now available in KS
 Some require Written Agreements
 Separate types
 Limited markets
 H-A mostly grown for feed
 Same price as yellow corn
 High Amylose – Contract pricing

16. Cover Crops – A Hot Topic
 Cover Crop  Hail insurance available on some cover crops.
 Rye, oats, wheat,
 Wind endorsement available on small grains
 Irrigated crops: Cover crop must be terminated before
the insured crop emerges
 Be Aware!!! – Planting a cover crop could jeopardize
insurability of a following crop.

17. Cover Crop Termination Zones

18. Cover Crop Termination Zones

19. Other crops
NAP Coverage available for some of the following:
 Peaches and tree fruits
 Grapes
 Pumpkins
 Berries

20. Any Questions?
Thank you!