Lancaster farming. (Lancaster, Pa., etc.) 1955-current, January 25, 1997, Image 211

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    Corn Growers Push For Better Risk Management Took
ST. LOUIS, Mo. The Na
tional Com Growers Associa
tion (NCGA) wants the federal
government to expand the
availability of the provisional
Crop Revenue Coverage
(CRC) program to com grow
ers.
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307 Edgar Ave.
717-784-5217
CARLISLE
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260 York Road
717-243-4419
CHAMBERSBURG
FARM SERVICE
975 S. Main St.
717-264-3533
HINES EQUIPMENT
Cresson -114-886-4183
Altoona-814-742-8171
In addition, the NCGA has
requested that the Federal Crop
Insurance Corporation (FCIC)
make significant changes in the
prevented planting program
provisions of the current crop
insurance program.
Recently the FQC tabled a
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Rt. 443 & 895
717-943-2131
OREFIELD
ECKROTH
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4910 Kemsville Road
610-366-2095
decision to expand the experi
mental program for com into
Colorado, Illinois, Indiana,
Kansas, Michigan, Minnesota,
Missouri, Ohio, Oklahoma,
South Dakota, and Texas. CRC
was offered in lowa and
Nebraska for com and soy
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122 Old Cohansey Rd.
609-451-1368
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4132 East Main
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Com Talk, Lancastar Farming, Saturday, January 25,1W7—Pagt
€®lM TMM MlW§
beans in 1996.
“The CRC program proved
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to be very popular with com
producers in lowa and Nebras
ka. This proposal merits expan
sion into the additional states.”
said Wallie Hardie, president
of the NCGA. “It gives produc
ers an opportunity for true re
venue coverage now in a way
that they have not been able to
use in the past.”
With CRC, fanners who par
ticipate are assured of the mar
ket price at planting or the mar
ket price at harvest multiplied
by the number of bushels in
sured, whichever is higher. By
always having insured bushels,
producers can forward contract
com at any time during the
growing season, knowing that
if they lose those bushels they
are insured of the price at har
vest. This type of coverage en
ables farmers to utilize aggres
sive marketing tools in order to
receive maximum income from
the marketplace.
The NCGA wants the FCIC
to act soon. “The crop insur
ance board needs to act quickly
in order for farmers, especially
those in the South, to adequate
ly evaluate whether this type of
coverage can work in their
operation,” Hardie said.
At a meeting in St. Louis last
week, the NCGA board of dir
ectors also voted to request
needed reform of prevented
planting provisions in the cur
rent federal crop insurance pro
gram. The com organization
believes the first step in re
forming the provisions is deter
mining appropriate planting
deadlines. The NCGA supports
determination of planting
deadlines based on sound agro
nomic and actuarial data with
widespread producer input
“As a starting point, FCIC
regional offices should conduct
meetings in each state with
producer representatives from
commodity and farm organiza
tions,” the North Dakota farm
er said. “Fanners are the pro
duction experts and will be best
able to comment on the impli
cations of changing prevented
planting dates.”
In addition to those changes,
the NCGA also asked the FCIC
for a number of other reform
measures to the current crop in
surance program. “The FCIC’s
handling of prevented planting
acres has been a sore subject
among farmers for many years.
The NCGA believes that the
FCIC needs to resolve this
troublesome issue once and for
all,” Hardie said.
211