Crop Insurance Today Third Quarter 2020 - 10
Emerged corn crop three weeks after planting green in cereal rye. This farmer primarily uses
cover crops to manage erosion during the winter and early spring, but recognizes the benefits
of weed suppression, soil moisture retention, and soil health.
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10
THIRDQUARTER2020
tainty regarding cover crops is that corn will not
be considered an acceptable cover crop on acreage following a crop that has been prevented from
planting. This change is effective for crops with a
Contract Change Date (CCD) of June 30, 2020.
The crop insurance industry appreciates this policy change and hopes that it will remain effective
for the November 30, 2020 CCD crops as well.
For corn to provide any benefits expected from
cover crops, it needs to be planted at rates that are
twice as high as standard corn rates. With seed
costs of modern corn hybrids higher than $100
per acre, there is little economic justification for a
farmer to plant corn as a cover crop. Nonetheless,
agricultural experts were divided when suggesting planting rates and, in some states, corn was
planted as a cover crop at rates more suitable for
silage production than as a cover crop.
Crop insurance professionals understand the
value of cover crops in the agriculture landscape.
Many company personnel are farmers and plant
cover crops every year and they see the benefits
firsthand. Further, adjusters walk thousands of
acres each season and see cover crops and conservation practices at work. They are experts in
their field and understand the interconnection
between farmers, the crop insurance industry,
and federal agriculture policy.
http://www.tomstanleyinsurance.com
Crop Insurance Today Third Quarter 2020
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