Some things to think about for 2023 Crop Insurance?

March 15 is the deadline to apply for or make any changes to a crop insurance policy.

2023 Crop Year

If you currently have a policy and make no changes, transfers, or cancelations then your policy will renew, in current form, on March 15.

February is when the base prices are set for the Revenue Protection and Yield Protection policies. They will take the February average of the December corn contract and the November Soybean contract to establish these prices.

With market prices trending near $6 a bushel for corn and around $13 a bushel for soybeans, insured's may want to look at their current coverage level and think about increasing levels to cover input costs. Remember that March 15 is the deadline to sign up for crop insurance and/or make any changes to your current policy. If you already have a policy, it will renew in current form unless any changes or cancelations are made prior to
March 15.

When you receive your application, along with signing and dating this document and returning prior to March 15, you should also review your information list on the application:

These are all items that need to be discussed at renewal time, please let our office know if there are any changes to be made for the 2019 crop year.