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MSRPC Blog

USDA releases soybean risk management fact sheet

April 20, 2017 / Categories: Uncategorized

The United States Department of Agriculture (USDA) has released more details on its 2017 crop insurance program.

Growers are eligible to insure soybeans if:

  • They are grown on insurable acreage;
  • Premium rates are provided;
  • You have a share; and
  • They are planted for harvest as beans.

If  you are insured, you are protected against the following:

  • Adverse weather conditions such as hail; frost, freeze, wind drought and excess moisture;
  • Failure of irrigation water supply, if caused by an insured cause of loss during the insurance period;
  • Fire, if due to natural causes;
  • Plant disease and insects, but not damage due to insufficient or improper application of pest or disease control measures;
  • Wildlife.

The earliest planting date for 2017 is April 21, with June 10 as the final planting date.

For more information on USDA’s soybean crop insurance program, click here.

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