Crop Insurance Today Fourth Quarter 2021 - 30

Plan Code
DRP
83
Available
Insurance Period
Lengths
3-month periods (a calendar
year quarter). May be
able to purchase up to 5
quarters out during any
given sales period.
Elements Insured
Chooses on a
QCE, Target
Marketings
Report, or SCE
If choose Class Pricing
Option, report declared
class price weighting
factor, declared covered
milk production, coverage
level, protection factor,
and insured share.
If choose Component
Pricing Option, report
declared butterfat and
protein test pounds,
declared component price
weighting factor, declared
covered milk production,
coverage level, protection
factor, and insured share.
LGM-Cattle
82
Rolling 11-month
insurance period with
10 coverage months
(months 2-11)
LGM-Dairy Cattle
82
Rolling 11-month
insurance period with
10 coverage months
(months 2-11)
LGM-Swine
82
Rolling 6-month insurance
period with 5 coverage
months (months 2-6)
LRP-Fed Cattle
81
13, 17, 21, 26, 30, 34, 39,
43, 47, 52
LRP-Feeder Cattle
81
13, 17, 21, 26, 30, 34, 39,
43, 47, 52
LRP-Swine
81
13, 17, 21, 26, 30, 34, 39,
43, 47, 52
Report type of operation,
total approved marketings
and target marketings for
each coverage month in
the insurance period for
the applicable type(s) of
operation(s), and a dollar
deductible.
Also report effective date
for sales period.
Report type of operation,
total approved marketings,
target marketings
for each coverage month
in the insurance period
as hundredweight of milk
(potential profit) and tons
of corn and soybean/
protein meal (reflected
feed cost), and a dollar
deductible.
Also report effective date
for sales period.
Report type of operation,
total approved marketings
and target marketings for
each coverage month in
the insurance period for
the applicable type(s) of
operation(s), and a dollar
deductible.
Also report effective date
for sales period.
Report whether insuring Fed Cattle, Feeder Cattle, Lambs [SUSPENDED], Swine,
or multiple classes of livestock. Provide legal description of the location of insured
livestock or livestock product, including the state and zip code.
For Feeder Cattle or Swine, if insuring unborn livestock, indicate livestock type as
Unborn Swine, " " Unborn Steers & Heifers, " " Unborn Dairy, " or " Unborn Brahman.
If insuring born livestock, indicate livestock type as Heifers, Steers, Brahman, Dairy,
or Swine-No Type Specified. Report the effective date and end date of insurance
period, number of head insured, target weight at end date, coverage price, and
insured's ownership share.
Coverage Level/
Price Percent
OR Deductible
80-95%
Deductible: $0 to $150 in
$10 increments
Deductible: $0 to $2 in
$0.10 increments
Deductible: $0 to $20 in
$20 increments
70-100%, calculated
based on selected
coverage price. Coverage
prices change each sales
period.
Premium
Subsidy
Allowance
(all allow BFR/VFR
additional premium
subsidy, and
all remove subsidy
for conservation
compliance
violation)
Maximum Per
QCE/Target
Marketings/SCE
Maximum Per CY
" Based on coverage level
election:
80% CL = 0.55
85% CL = 0.49
90% CL = 0.44
95% CL = 0.44 "
Available for policies that
insure multiple months
during an insurance
period. Subsidy amount
determined by dollar deductible
insured selects.
If insured selects a $0
deductible, will have a
lower premium subsidy
(18 percent); if selects
the maximum $150
deductible, will have a
higher premium subsidy
(50 percent).
N/A
N/A
N/A
N/A
Available for policies that
insure multiple months
during an insurance
period. Subsidy amount
determined by dollar deductible
insured selects.
If insured selects a $0
deductible, will have a
lower premium subsidy
(18 percent); if selects the
maximum $2 deductible,
will have a higher premium
subsidy (50 percent).
N/A
N/A
Available for policies that
insure multiple months
during an insurance
period. Subsidy amount
determined by dollar deductible
insured selects.
If insured selects a $0
deductible, will have a
lower premium subsidy
(18 percent); if selects the
maximum $20 deductible,
will have a higher premium
subsidy (50 percent).
N/A
N/A
6,000 head
12,000 head
6,000 head
12,000 head
40,000 head
150,000 head
Current as of October 2021 ©2021 National Crop Insurance Services
70-100%, calculated
based on selected
coverage price. Coverage
prices change each sales
period.
70-100%, calculated
based on selected
coverage price. Coverage
prices change each sales
period.
Subsidy amount
Subsidy amount
determined by coverage
price insured selects.
determined by coverage
price insured selects.
Subsidy amount
determined by coverage
price insured selects.
Crop Insurance Today Fourth Quarter 2021

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