When Are Multi Peril Crop Insurance (MPCI) Deadlines?
What Is Multi Peril Crop Insurance?
The USDA Risk Management Agency (RMA) offers Multi Peril Crop Insurance (MPCI) coverage for numerous crops throughout the United States. Available for more than 100 different crops (though not all crops are covered in every region), MPCI protects farmers against crop losses caused by natural events.
Crop Insurance Deadlines
Important insurance dates vary by crop and region of the United States. The important deadlines are:
Sales Closing Date (SCD)
Acreage Reporting Date (ARD)
Premium Billing Date
For crops planted in the fall (e.g. winter wheat, winter barley, oats, rye, triticale), the SCD is generally September 30 with an ARD of December 15.
For crops planted in the spring (e.g. corn, soybeans, cotton, grain sorghum, rice, spring wheat, spring barley), the SCD is generally March 15 with an ARD of July 15.
Specialty crops (i.e. fruits, nuts, vegetables) have different SCDs and ARDs throughout the year based on the state or county in which they are grown. For the majority of these crops, the premium billing date is August 15.
Other Insurance Deadlines
There are other commodities or insurance programs (e.g. Pasture, Rangeland and Forage, Apiculture, Annual Forage, Margin Protection) that have a single SCD for the entire United States. The Whole Farm Revenue Protection insurance program has three different Sales Closing Dates depending on your tax filing year, which fall between November and March.
Trusted MPCI Protection from FBN®
If you haven't gotten a second opinion on your crop insurance in the last few years, now is the time to see how a personalized approach to insurance could make a difference in your operation.
To learn more, and to ensure you meet the appropriate deadlines for the crop you are growing for your specific state and county, contact an FBN insurance agent by clicking here or calling (877)-576-4468 today.
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