Winter Canola Crop Insurance Deadline Quickly ApproachingWed, 24 Aug 2011 14:15:37 CDT
Winter canola planting is just around the corner and weather conditions across much of the southern Plains remain in the same condition, DRY! Producers have been and are continuing to wait for much need moisture to replenish the parched soil. Producers need to be getting their crop insurance information together and turned in to their crop insurance companies.
August 31, 2011 is the deadline to have your canola insurance information turned in. The 2011-2012 canola crop insurance has been set for 0.27/lb or $13.50/bu for a T-yield of 1298 lbs/acre. The counties that do not have a program county for canola, a request for a written agreement must be signed by the August 31, 2011.
The Risk Management Agency (RMA) will determine the qualification based on your history of the 3 previous wheat or similar crops. Your window of planting winter canola is Sept.10- Oct. 10. If canola is becoming part of your rotation on your farm make sure to check with your crop insurance company to get your crop insurance information. Producers need to be putting a pencil to the numbers as far as opportunities to grow an oilseed crop.
Click here for more information on winter canola from Producers Cooperative Oil Mill.
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