Crop insurance offers higher protection
WASHINGTON, D.C. - The
Federal Crop Insurance Act of
1980, which became effective last
October 1, makes crop insurance
available on a nationwide basis
and provides coverage on virtually
all crops.
The new, larger insurance
program is designed to protect
crops when ASCS disaster
payments are phased out after the
1981 crops are harvested. Sub
sidized crop insurance will then
replace the complex system of
disaster payments and emergency
loans that-has built up over the
years.
Program Changes
The Federal Crop Insurance
program offers more protection.
Ensilmixer®
feed mixing system
from JAMESWAY®
Makes every bite right:
Discover improved milk production with an
Ensilmixer feed mixer, with scales, by Oswalt®
It accurately weighs and blends feed ingredients
to make every mouthful a uniform, nutritionally
complete diet.. Add the Ensilmixer feed mixer to
a Jamesway Total Mixed Ration (TMR) feeding
system for maximum control of your feeding
operation with minimum labor. Or, use it with any
mechanized feeding system. It’s a real profit
making management tool,
See us for systems and service that help
make the good life better.
AGRI EQUIPMENT INC.
2754 Creek Hill Rd.
Leola, PA 17540
717-656-4151
I. G. SALES
Rt. 113, Box 200
Silverdale, PA
215-257-5135
G. HIRAM
BUCHMAN, INC.
Rte.sl9-N.offßte.46
P.O. Box 185
Belvidere, NJ 07823
201-475-2185
than before with higher yield and
dollar guarantees. It also provides
substantially greater flexibility
Farmers can tailor coverage to
their own individual financial
situations, change the policy from
year to year as risk management
needs change, and receive in
surance guarantees based on in
dividual yield history.
If a farmer decides to. buy
Federal Crop Insurance, the
Government will foot the bill for
the 30 percent of the premium
price covering up to 65 percent of
established yields.
When the 1980 Act was written
last fall, only 1,626 of the nation’s
roughly 3,000 counties had crop
insurance. Half of them had in-
DEPENDABLE MOTORS ROVENDALE SUPPLY
Honey Brook, PA RD 2. Watsontown, PA 17777
215-273-3131 717-538-5521
215-273-3737 '
SOLLENBERGER SILOS
HENRY S. LAPP RFD 2, Chambersburg, PA
RDI, Cains, Gap. PA 17527 717-264-9588
717-442-8134
HARRY L TROOP
Rt. 1 Cochranville, PA 19330
215-593-6731
GEORGE A. COLEMAN BENNETT MACHINE CO.
Rt #2, Box 216 1601 S. Dupont Blvd.
Elmer, NJ Milford. DE
609-358-8528 302-422-4837
ERB& HENRY
EQUIP., INC.
22-26 Henry Avenue
New Berlinvitle, PA
215-367-2169
surance for wheat. There was also
a sizable number of county
programs for com, soybeans,
cotton, tobacco, and various other
crops.
Originally, 250 ' additional
counties were to be brought into
the program each year until all
counties were covered. However,
on April 27 the Secretary of
Agriculture announced that by 1982
insurance will be available in all
counties where the six crops
currently eligible for disaster
payments are grown. These crops
are wheat, cotton, grain sorghum,
rice, com, and barley.
Fanners can now buy the in
surance from private insurance
agents, banks, Production Credit
J. A. SWOPE
Box 121, RDI
Myerstown, PA
717-933-4758
DETWILERSILO
REPAIR
Rt. 2, Newvtlle, PA
717-776-7533
• Lancaster Farming, Saturday, June 13,1981—D9
Associations, and county ASCS
offices, as well as from local of
fices of the Federal Crop In
surance Corporation (FCIC). In
the past, FCIC offices were the
only places you could buy it.
Choosing Protection
Farmers can choose to cover 50,
65, or 75 percent of their normal
yield. They can then select from a
range of three guaranteed prices,
with the highest insured price set
within 90 percent of the projected
market price.
If farmers need maximum
coverage to pay debts or meet
other needs, they can buy 75-
percent coverage of the full
projected price. However, the 30-
percent discount you get off the
premium pnce covers only the
first 65 percent of the guaranteed
yield. Producers less in need of
protection can select smaller
amounts of coverage that cost only
a fraction of the higher options.
This year, if farmers produce
wheat, cotton, gram sorghum,
nee, com, or barley, they can still
receive ACSC disaster payments
and crop insurance as well. But if
they elect this combination, they
don’t qualify for the 30-percent
discount, but instead pay the full of
CHROMALLOY MANURE BANK 18
above-ground manure system
your environment...
...and it's the first glass-fused-to-steel structure
good enough to come from Madison® Silos.
Chromalloy Manure Bank is your key to profit
able manure martagement. It slashes fertilizer costs'
by saving valuable crop nutnents in the manure for
your fields...cuts tractor-time and man-hours
by storing the manure until you and your fields
are ready for spreading... and conserves your
environment by mmimizirlg water and air pollution.
Famous Madison Silos quality throughout.
Chromalloy Manure Bank is built to your specific
needs by dedicated crews from Madison Silos...
America's leader in top-quality feed processing
and storage structures since 1914. You owe it to
yourself to get all the facts about the Chromalloy
Manure Bank.
CHROM ALLOY
For more information
Write or call your Chromalloy Farm Systems—
Madison Silos branch for full details.
EPHRATA BRANCH
1070 Steinmetz Rd., Ephrata, PA. 17522
(717)733-1206
c) 1961 Chromall
insurance premium.
The disaster payments can add
substantially to insurance
coverage. Remember, though,
farmers must participate in the
farm programs for wheat, cotton,
grain sorghum, com, nee, or
barley to be eligible for disaster
payments.
How It Works
Premium payments and other
elements of the program will vary
among counties and crops, but as
an example, let’s look at the
protection a farm in Mills County,
lowa, can get on its com and
soybean crops this year.
Let’s say this farm has 200 acres
of com and 100 acres of soybeans
for insurance. We’ll assume that
for this farm:
• the average com yield (from
FCIC records) is 110 bushels;
• the farmer choses the 75-
percent yield guarantee at $2.70 a
bushel, paying a subsidized
premium of |9.90 an acre.
Now suppose that for the 100
acres of soybeans, the same 75-
percent coverage is selected, and
that:
(Turn to Page DIO)
Madison “System of Choice.”
Logical structures for every
storage need... Madison Silos
for corn silage... Madison
Nutri-Matic® and Gram-O-
Matic® for haylage and
high-moisture gram. And,
Chromalloy Manure Bank for
liquid manure.
Making things better
for you.
AmftonCorp