(Continued from Page A 39)
Approved APH yield = 70
bushels per acre
Coverage Level = 65%
Base Price = $2.20 per bushel
Harvest Price = $3.00 per
bushel
Production = 30 bushels per
acre
Crop Value = Production times
Harvest Price = $90.00
Revenue Guarantee =
Approved APH yield times
Coverage Level times the higher
of Base Price or Harvest Price
Revenue Guarantee = $136.50
Revenue Guarantee - Crop
Value = CRC Indemnity
$136.50-$90.00 = $46.50
In example 2, prices were
higher at the time of the harvest
price calculation at the time of the
base price calculation. As a result,
the revenue guarantee increased
from $lOO.lO to $136.50.
However, the combination of a 30
bushel yield and a $3.00 price
provided a revenue of only $9O
per acre, well below the guarantee
of $136.50 per acre. In this case a
CRC indemnity payment of
$46.50 per acre was made to the
producer. In other words, the 15.5
bushel or 22 percent of the yield
loss covered by the policy was
replaced at the higher $3 00 level.
This is what is meant by saying
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the policy covers replacement
costs.
Example 3
Harvest price less than Base
Price - With a 34 Percent
Production Loss
Approved APH yield
bushels per acre
Coverage Level = 65%
Base Price = $2.20 per bushel
Harvest Price = $1.35 per
bushel
Production = 46 bushels per
acre
Crop Value = Production to
Count times Harvest Price =
$62.10
Revenue Guarantee =
Approved APH yield times
Coverage Level times the higher
of Base Price or Harvest Price
Revenue Guarantee = $lOO.lO
Revenue Guarantee - Crop
Value = CRC Indemnity
$lOO.lO-$62.10 = $3B 00
In example 3, prices were
lower at harvest than at the time
of the base price calculation. As a
result, the revenue guarantee
stayed at the $lOO.lO per acre
level. Even though the production
loss was only 34 percent (46
bushel yield), the combination of
a low yield and a low price
generated a crop value of only
$62.10, triggering a CRC
indemnity payment of $3B 00 per
»f«
Call For
Low Low
Prices
On All
Firestone
Farm
Times
Tirestone
acre (SIOO.IO-$62.10). In this
case, the producer would not have
received a payment if he only had
65 percent MPCI coverage, since
the yield only fell 34 percent.
Example 4.
Harvest price less than Base
Price - With a 57 Percent
Production Loss
Approved APH yield = 70
bushels per acre
Coverage Level= 65%
Base Price = $2.20 per bushel
Harvest Price = $1.35 per
bushel
Production = 30 bushels per
acre
Crop Value = Production to
Count times Harvest Price =
$40.50
Revenue Guarantee =
Approved APH yield times
Coverage Level times the higher
of Base Price or Harvest Price
Revenue Guarantee = $lOO.lO
Revenue Guarantee - Crop
Value = CRC Indemnity
$lOO.lO-$40.50 =559.60
In example 4, prices were
lower at harvest than at the time
of the base price calculation. As a
result, the revenue guarantee
stayed at the $lOO.lO per acre
level. The combination of both a
low yield and a low price
generated a crop value of only
$40.50, triggering a CRC
indemnity payment of $59.60 per
acre- While both CRC and MPCI
coverage at 65 percent would
have paid indemnities, in this case
(57% loss), the CRC indemnity
would have been larger since the
revenue calculation considered
both yield loss and the price
decline.
= 70
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- Lagoon Pumps
-Vertical Pumps
- Electric Pumps
- Alley Scrapers
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• Cash value protection allows
aggressive marketing
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RD #3 Box 130, Mifflinburg, PA 17844
570-966-2736
Ask for Ernest or Dean
Spreader Tanks & Pumps
Available For Sale or Rent
• Alternative to MPCI
• Same subsidy as MPCI
• Base and Harvest Prices are
established using the national
commodity exchanges
• Uses producers own Actual
Production History in establishing
guarantees on a unit basis
• Protects against perils of
price and yield - no yield loss
needed for indemnity
• Market based guarantee
before planting is used as a
minimum at harvest time
• Discounts for combining
units
Use of Bulk Tank Milk
Somatic Cell Count
(Continued from Page A3B)
Research done on herds in the
Quinte area of Ontario, Canada
indicated that the ability of bulk
tank counts to predict the quar
ter infection rate of herds was
approximately doubled (45.5%
versus 80%) when the interpre
tation was based on 6 previous
monthly bulk tank samples
instead of a single test. BTSCC
allows veterinarians to assess
the overall udder health status
of a dairy herd.
A herd that has an excellent
udder health program in place
will have the BTSCC counts and
incidence of mastitis shown in
Viral Disease
(Continued from Page All)
•Use individual water and
feed buckets.
•Use individual tack, which
means saddles, bridles and bits.
•Do not share grooming
equipment.
•Do not use dental instru
ments, hoof knives or hoof picks
and
Aaua-Therm
Outside Wood Burning Furnace
- Efficient
1
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“We’re Here To Serve You”
Lancaster Farming, Saturday, April IS, 2000-A43
Table 1. An estimate of lost milk
production as predicted from
bulk tank somatic cess count is
given in Table 2. Based on this
table, herds with cell counts ovei
500,000 SCC could be producing
from 8 to 20% below potential
because of the presence of sub
clinical mastitis infections. This
clearly suggests that herds with
over 500,00% cells/ml of bulk
tank milk should implement
mastitis control and preventior
practices rather urgently. Herds
consistently over 200,000
cells/ml could also reduce the
incidence of mastitis by adopt
ing a good mastitis control pro
gram.
lation
!70 or 1-888-382-8171
• Premiums for the CRC
program are higher than
premiums for the current MPCI
program
• In some cases, the farmer
could receive less of an indemnity
payment from CRC than under
the current MPCI program. This
could only happen if FCIC set the
MPCI market price higher than
the CRC Base Price The MPCI
program sometimes overpay*;
losses because the loss is no
based on the market value of th
crop, unlike CRC which pa>
losses based upon market
determined prices.
on more than one horse
•Hypodermic needles should
be used for single injections,
then destroyed
“If you are considering buy
ing a horse through auction or
from an individual, insist on a
prepurchase test and try to find
out the history of the animal,”
Griswold said. “If the owners are
not willing to divulge
that, look elsewhere.”
-Vacuum Tanks
1500-6,000 Gal
-Track Mounted
Vacuum Units
-Vacuum Pumps
- Various
Accessories
• Valves
• Fittings
• Suction
Hoses