Tim Woods KY Produce Growers and NAP Insurance

How county agents can help 1.Get comfortable helping walk growers through the planning tool –Evaluate feasibility of base plan and buy-up –FSA has default state yields and prices 2.Help produce growers establish good records of own yields and prices –Better growers will want to document their own average yields and prices above state averages

Produce Budget Resources AgMRC Budgets – Center for Crop Diversification (KY) – Veggie Compass –

Comparative Produce Pricing Resources KY Produce Auction Report – weekly KY Farmers Market Report – weekly price highlights from 3-5 markets for major products – Terminal Markets – Wholesale Market Trends – news/produce-commodity-pricing/

NAP Crop Eligibility, Premium, and Payments Estimator Calculating premiums and payments for your specific operation –

For each crop -

Example: Pumpkins State: Kentucky County: Fayette Crop: Not listed (for specialty crops) NAP Crop Information tab appears Select crop: pumpkins Select crop type: Howden Select practice: non-irrigated Select intended use: fresh Select planting period: 01

FSA default values Yield and price defaults set for the state Alternate approved yield with own detailed and certified records

Enter own yield results Approved yield: use state level given unless other approved yield permitted –Calculate likely approved yield based on own yield records - optional Anticipated yield: loss scenarios Enter: Acres of production Share percentage: If sharing production with another producer

Calculate premium Premium and loss payment calculations Calculator shows buyup options for lesser losses and corresponding yields Yield value at market price Corresponding premiums Insurance payment and commodity revenue summary by loss

Calculate Premium and fees For limited resource farmer, beginning farmer, or socially disadvantaged farmer –Waive program fee –50% premium rate