Arkansas oat and wheat producers have until Sept. 30 to purchase crop insurance for the 2014 crop year, says Dr. Henry English, director of the Small Farm Program at the University of Arkansas at Pine Bluff (UAPB).
Sept. 30 is also the deadline for insured growers to make any policy changes, such as adjusting their level of coverage, or to cancel their insurance. “If producers do nothing, they will have the same level of coverage they had in 2013,” says Dr. English, who also reminds producers that any changes or cancellations must be done in writing.
With severe storms and flooding becoming more common, producers should seriously consider using crop insurance to help offset crop losses from natural disasters, advises Dr. English. The federal crop insurance program was designed to help farmers recover some portion of expected income in case of a crop loss or failure due to natural disasters which include drought, hurricanes, tornadoes, high water, storms, landslides, mudslides, fires, floods or explosions.
Interested producers should consult a crop insurance agent to discuss their insurance options.