‘Top-Up’ payments coming in October
Participants in federal crop insurance with a payable prevented planting indemnity in 2019, related to flooding, excess moisture or causes other than drought, will automatically receive a “top-up” payment, the U.S. Department of Agriculture said last week.
Producers will receive the payment from their insurance providers starting in mid-October. Producers with a Revenue Protection policy will receive a 15% top-up payment, while those with Yield Protection or Revenue Protection with Harvest Price Exclusion policies will receive 10%. Farmers do not need to sign up to receive payments; all producers with a 2019 prevented planting indemnity will receive the top-up.
Members Only Content
Join Iowa Farm Bureau or login to view all members only content and receive other member benefits.