Almonds

All almonds in the county can be insured if:

• They are grown in an orchard where at least 90 percent of the trees have reached their sixth growing season after being set out;
• You insure all your almonds in a county at the same coverage level; and
• Orchards may be insured as a separate unit if located on non-contiguous land.

You are protected against the following:

• Adverse weather;
• Earthquake;
• Failure of irrigation water supply; if caused by insured peril during the insurance year;
• Fire;
• Insect damage and/or plant disease; unless you have insufficiently or improperly applied pest or disease control measures;
• Volcanic eruption; or
• Wildlife.

Coverage begins on January 1 for the first insurance year and ends no later than November 30 of the same year or at the earliest occurrence of one of the following:

• Total destruction of the crop;
• Harvest of the crop;
• Abandonment of the crop; or
• Final adjustment of a loss.

The production guarantee of almond meats are measured in pounds. The weight of almonds sold in-shell are converted to meat pounds using sampleshelling percentages when available or USDA shell-out factors. Individual approved average yields are calculated from four to ten years of production records you give to your insurance agents.

Coverage levels range from 50 to 75 percent of your approved yield. Crop insurance premiums are subsidized as shown in the following table. For example, if you choose the 65 percent coverage level, your premium share would be 41 percent of the base premium.

Catastrophic Risk Protection (CAT) coverage is fixed at 50 percent of your approved yield and 55 percent of the price election. CAT is 100 percent subsidized with no premium cost to you. There is, however, an administrative fee of $300 per crop per county, regardless of the acreage.

Additional coverage is $30 per crop, per county. Waivers of administrative fees for all coverage levels (CAT and additional) are available for limited-resource farmers.

The price used to calculate your premium and indemnity.

Almonds (conventional)…….….$2.90 per pound
Almonds (certified organic)…....$4.05 per pound

Assume 65 percent coverage, 100 percent price election of $2.90 per pound, an average yield of 2,400 pounds per acre, and 100 percent share.

Price used above is for example only. Contact a crop insurance agent for current information.