Federal crop insurance programs have a prevented planting provision that can protect producers from the financial losses and risks associated with not being able to plant the intended crop within the desired planting period. Revenue Protection, Revenue Protection with Harvest Price Exclusion, Yield Protection, and Area Risk Protection insurance policies pay indemnities if producers were unable to plant the insured crop by a designated final planting date or within any applicable late planting period due to natural causes, typically drought or excess moisture. This post highlights several components of those provisions and provides a few examples.
Kevin Adkins, Graduate Research Assistant, Department of Agricultural and Resource Economics, University of Tennessee
**Christopher N. Boyer, Associate Professor, Department of Agricultural and Resource Economics, University of Tennessee 302-I Morgan Hall Knoxville, TN 37996 Phone: 865-974-7468 Email: email@example.com **Corresponding author Continue reading