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“It’s a program that can help a producer survive a disaster and return to profitability!”

“It’s a program that can help a producer survive a disaster and return to profitability!”. PA Helps Producers. Commonwealth of Pennsylvania has provided Producers about $ 13,000,000 Crop Insurance Premium Assistance since 2000, to make better coverages more affordable!.

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“It’s a program that can help a producer survive a disaster and return to profitability!”

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  1. “It’s a program that can help a producer survive a disaster and return to profitability!”

  2. PA Helps Producers Commonwealth of Pennsylvania has provided Producers about $ 13,000,000 Crop Insurance Premium Assistance since 2000, to make better coverages more affordable!

  3. Effect of Yield Loss on Corn Farm

  4. Adjusted Gross Revenue -Lite(AGR-Lite) • Individualized whole-farm income protection against loss of gross revenue from natural & many unavoidable causes of loss and market fluctuations. • Example: * 5 year avg. revenue = $122,899 * 75% coverage level = $92,147 loss trigger * Revenue produced = $21,000 * Revenue loss = $71,147 * 90% payment = $64,032 loss payment

  5. AGR-Lite Improvements • Fits larger farms (up to $2 mil. gross income) • Broader list of insured causes of loss • More producers are eligible for higher amounts of protection • March 15 enrollment deadline for new applications (renewals deadline remains @1/31) • Usually cost less than other insurance plans

  6. PA Producers Benefit From Higher Coverages.

  7. Producer’s Report that Crop Ins. Provides a Good Financial Foundation • Can Improve Crop Marketing • Can Provide Safety-Net at Targeted Cash-Flow Level • Can Provide Increased Credit Worthiness • Can Provide Peace Of Mind • Can Improve Grand-Kids Inheritance Plan for Success – Insure Against Disasters!

  8. Information made available by the PDA, PSU and RMA\USDA educational partners.

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