Crop Insurance Deadline Nears in Maine

RALEIGH, N.C., Sept. 1, 2017 – The USDA’s Risk Management Agency (RMA) reminds Maine producers that the final date to apply for crop insurance coverage for the 2018 crop year is September 30. Current policyholders who wish to make changes to their existing policies also have until September 30 to do so.

Federal crop insurance is critical to the farm safety net. It helps producers and owners manage revenue risks and strengthens the rural economy. Forage production insurance is available in Aroostook and Penobscot counties. The price election for the 2018 crop year is $171 per ton.

Producers are encouraged to visit their crop insurance agent soon to learn specific details for the 2018 crop year, including insurance for forage production, which may be eligible for coverage under a written agreement. Crop insurance coverage decisions must be made on or before the sales closing date.

Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator. Producers can use the RMA Cost Estimator to get a premium amount estimate of their insurance needs online.

For more information about crop insurance and the modern farm safety net, visit www.rma.usda.gov.