A36-L«nc*«tef Farming, Saturday, January 29, 2000
(ContlniMd from Pag* A2B)
figurines, six milk stools (3
wood, 3 metal), and four milk
coolers/aerators.
A special feature loaned by
the Pasto Agricultural Museum
was a rare Mehring foot pow
ered milking machine complete
with all parts and original teat
cups. A new exhibitor (W. Paul
Anderson) exhibited his Ben H.
Anderson (Madison, Wisconsin)
two-unit milking machine used
on his home farm in the early
19405. In good running condi
tion, it was turned on several
times for visitors to hear and
feel it operate.
Early advertising was in evi
dence with several equipment
and breed signs. All dairy breeds
were represented in a nice dis
play of 35 tin and four cupboard
DeLaval advertising cows and
calves, five DeLaval match hold
ers, and related items shown in
lighted glass display cases.
The exhibits of eight milk
bottles collectors added beauty,
variety, and additional interest
to the overall show. Bottle collec
tors coming the longest distance
were Lyall and Vivian Shaw
from East Hartland, CT. They
stayed all six days with their
beautiful display. Participation
by the milk bottle collectors
served as a warm-up for the
joint tn-convention of the Cream
Separator and Dairy Collectors
Association with the National
Milk Bottle Collectors and
Divco Milk Truck Collectors in
nearby Hershey, June 2-4, 2000.
Personal visits with
exhibitors during the show indi
cated all were pleased with this
second year show with increased
JOHN BERRY
Ag Marketing Agent
Lehigh Co. Extension
Multiple Peril Crop Insurance
(MPCI) is a broad-based crop
insurance program regulated by
the U.S. Department of
Agriculture and subsidized by the
Federal Crop Insurance
Corporation (FCIC).
What causes of yield losses
are covered?
For most crops, MPCI covers
unavoidable production losses
caused by drought, excessive
moisture, hail, wind, frost/freeze,
tornado, lightning, flood, insect
infestation, plant disease,
excessive temperature during
pollination, wildlife damage, fire,
and earthquake. MPCI does not
cover losses resulting from poor
farming practices, low
commodity prices, theft, and
specified perils that are excluded
in some policies. There are
specific restrictions on some
crops based on acceptable
farming practices.
How much coverage can I
purchase?
There are two decisions that
determine the amount of
protection obtained from MPCI:
• the level of yield coverage
chosen
• the level of price coveiage
c hosen
Your insurance yield is based
on your actual production history
(APH), which is an estimate of
your average yield on the insured
unit for four to ten consecutive
years.
All-Dairy Antiques, Collectibles Show Held
At All-American, Scheduled Again
attendance and number of
exhibitors. They hoped it would
be continued again in 2000.
Well guess what? It will be
held in 2000! Management per
sonnel and directors of the
Pennsylvania All American
Dairy Show have unanimously
requested the Dairy Antiques
Show to be repeated next year.
It will open at 10:00 a.m. on
Saturday, September 23 and run
until Thursday 12:00 noon,
September 28, 2000. Exhibitors
are encouraged to stay as long
as possible, but are not required
to stay all six days.
A new feature for the 2000
show will be DeLaval antiques,
collectibles, and equipment.
Show management, responding
to suggestions from exhibitors
and visitors, has decided to des
ignate DeLaval to be the first of
several subsequent features in
future years. This will be a
grand opportunity for the many
collectors of DeLaval memora
bilia to exhibit, trade, barter,
buy and sell at the only all
dairy antiques and collectibles
show in the East.
Readers are encouraged to
put these dates (September 23-
28, 2000) on their calendars
right now. Plan to be in
Harrisburg, either as an
exhibitor or visitor. For more
information call or write to
Darwin Braund, 238
Agricultural Administration
Building, University Park, PA
16802-2600, phone 814-863-
1383, e-mail dgbl2@psu.edu; or
Lolly Lesher, PA Farm Show
Complex, 2301 North Cameron
Street, Harrisburg, PA 17710-
9408, phone 717-787-2905.
Multiple Peril Crop Insurance
You can insure from the 75
percent of your insurance yield
(25 percent deductible) to 50
percent of your insurance yield
(50 percent deductible) coverage
levels:
Your yield guarantee per acre
is equal to your APH insurance
yield multiplied by the level of
coverage you choose.
Example 1. Guaranteed yield
Assume: 130 bu. APH
insurance yield
65% level of coverage
Yield guarantee equals;
130 bu. x 65% = 84.5 bu. per
acre
For what price is my crop
insured?
You must select an indemnity
price level at which yield losses
are converted into cash. For
example, 1999 maximum price
elections set by the Risk
Management Agency (RMA) for
selected crops were: com
$2.10/bu., wheat $3.30/bu.,
soybeans $5.25/bu., oats
$1.25/bu., gram sorghum
$1.95/bu. You can choose an
indemnity price between 55
and 100 percent of these
maximum elections.
How are indemnity payments
calculated?
If your actual average yield
(adjusted for quality) is equal to
or greater than your yield
guarantee, no indemnity is paid. If
your average yield per acre is less
that your yield guarantee, the
indemnity paid is equal to the
yield difference times the
indemnity price, times the number
"Milk Testing Through the Years" was an educational exhibit at the collectibles show.
of acres insured.
Example 2. Indemnity
payment Assume:
84.5 bu. yield guarantee
$2.45 price election
300 acres insured
61 bu. actual yield
Indemnity payment:
84.5 bu. - 61 bu. = 23.5 bu.
23.5 bu. x $2.45 = $57.58
$57.58 x 300 acres = $17,273
To encourage broader
participation, Congress authorized
FCIC to subsidize MPCI
premiums. The percent of the
premium that is paid from this
subsidy is about 23 percent for
the highest levels of coverage.
This year, the Commonwealth of
Pennsylvania will be offering a
premium subsidy up to 10% that
is being added to the federal
subsidy.
Other decisions about MPCI
• Consider companion hail and
fire insurance. It’s your choice,
in any given year, whether to
include hail and fire protection in
the MPCI policy or insure against
these specific risks under a
separate policy.
• Consider optional insurance
units. If certain location, farming
practice, and record keeping
criteria are met, then your acreage
can be divided into separate
insurance units This means you
could collect tor a loss on one
unit even if production on other
units is more than the guarantee.
For most field crops, producers
who elect to insure their acreage
as a single unit will receive a 10
percent premium discount.
All about butter at the All-Dairy Antiques show.
• Consider increasing the yield
coverage level or the price
coverage level with supplemental
policy options. These are
available for an additional
premium cost to borrowers who
wish to have higher levels of
protection.
• Consider supplemental
replacement cost insurance. If
market prices at harvest are
higher than the RMA insurable
Tobacco Prices Up Average
3 Cents Per Pound
NEW HOLLAND (Lancaster
Co.) The Pennsylvania To
bacco Marketing Association
Auction reported late Thursday
that the sale of tobacco at the
day’s auction had some im
proved prices, up an average 3
cents per pound.
According to Dennis Hess,
auction manager, there were
about 71,200 pounds of tobacco
on the floor Thursday, of which
about 51,000 pounds sold. For
the old Pa. 41 tobacco, the aver-
price, replacement cost insurance
will pay you the difference on all
bushels for which a regular MPCI
indemnity is paid.
Multiple Peril Crop Insurance
offers many combinations of
coverage levels, unit designations,
and add-on features. See your
local insurance agent to get
details about coverage and
premiums available for your own
farm.
age price was 47 cents a pound.
The new Pa. 41 tobacco aver
aged 44 cents a pound.
For the old 609 tobacco, the
average price was 48 cents a
pound. New 609 averaged 52
cents per pound.
There were three buyers at the
sale Thursday. Hess noted that
more tobacco other than the
20,000 pounds remaining on the
floor is needed. Another auction
is planned next Thursday and
will continue through about
mid-March, according to Hess.
I