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CORN

Crop Insured
CRC provides protection against a decline in market prices as well as a shortfall in production. The guarantee is in dollars and a loss situation occurs when the dollar value of your production falls below your dollar guarantee. CRC offers protection whether prices rise of fall: 

  • In most years when the price usually decline as harvest approaches, you are guaranteed a predetermined amount of income per acre.
  • In a year of rising prices, a production shortfall would be compensated at  the higher market based harvest price. This is critical if any lost production must be replaced at higher market prices for on farm feeding or to fulfill delivery on a forward contract.

Causes of Loss
Adverse weather conditions 1
Failure of irrigation water supply 2
Fire
Harvest price is less than base price
Insects
3
Plant disease 3
Wildlife

Reporting Requirements
You must notify your agent or insurance company representative within 72 hours of discovery of any damage to your crop.

  • If crop damage is initially discovered during harvest, you must notify your agent immediately and leave representative samples of the un-harvested crop at least 10 feet wide and extending the entire length of the field.
  • If you expect a revenue loss on the unit, you must give notice no later that 45 days after the harvest price is released.
  • You must also give notice before harvesting for silage any acreage that was insured as grain.

Important Dates
Sales Closing ............................ February 28 or March 15

 
 
 
 

 

Contact CIA for any inquiries that you have here.

Crop Insurers of America • 7 Baker Street • Sparta, Tn 38583
1-888-898-4236 crop@cropinsure.com

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