2013 Risk Management Check Up Is YOUR 2012 Risk Management Plan Adequate to Manage 2013 Risks? (Increasing Input Costs, Prices & Weather Volatility)

Protection is Available for Almost All Crops and Some Livestock Production! Crop Insurance Protection – is available: –Individual Crop Policies – available for many crops –Producers with 3 years of production history may import policies not generally available in the area –Whole farm gross revenue protection Non-insured crop Assistance Protection is available for almost all non-insurable crops & Other benefit programs may also be available from FSA Producers can be assured of a pay day (Production sales &/or USDA protection benefits) How Good is your Risk Management Plan ?

What do you want your Crop Insurance Based Risk Management Plan to do For YOU when disasters occur? Protect crop value $ ? A. Protect input cost $ ? A. Protection to secure operating loan (security) $? $$ To replace livestock feed $? $$ Buy-out preharvest sales contracts $? Strengthen the business plan and avoid an income interruption $? IS YOUR Current Risk Mgt. Plan Adequate? How Good is your Risk Management Plan ?

AGR-Lite Gross Income Whole Farm Protection Example * 5 year avg. Adj. revenue = $100,000 * 75% coverage level = $75,000 loss trigger * Revenue produced = $30,000 * Revenue ins. loss = $45,000 * 90% payment = $40,500 loss payment * Income With Ins. = $70,500 * Income Without Ins. = $30,000 Revenue for guarantee may include intended commodities to be purchased for resale, after basis adjustment. New enrollment deadline March 15..

AGR-Lite Gross Income Whole Farm Protection Example Revenue for guarantee may include intended commodities to be purchased for resale, after basis adjustment. New enrollment deadline March 15..

Apple Policy Options

9 “It’s a program that can help a producer survive a disaster and return to profitability!”

Farming has always been a risky business. Crop insurance helps you level the playing field by protecting you and your family from substantial losses. Crop insurance is a wise investment for your peace of mind, and a valuable financial planning tool for your farm. Don’t have an agent? Ask a neighbor who they use, or visit and use the agent/company locator tool. Call an agent today.

2013 Risk Management Check Up For more information & farm level details: Contact crop ins. agent (list: Or: Steve Connelly Maryland Department of Agriculture (410) “This institution is an equal opportunity provider.” (Increasing Input Costs, Prices, & Weather Volatility)