The deadline to purchase crop insurance for 2011 is March 15. And there are a number of changes to consider this year. The main one is that the new Common Crop Insurance Policy, often called Combo, simplifies the number of crop insurance choices offered by the private insurance companies.
Beginning in 2011, the old multiple peril crop insurance policies and previous revenue insurance policies have been replaced by a single policy with several options. Iowa State University Extension will hold workshops to explain the new combination policy. At upcoming workshops, William Edwards, ISU Extension economist, and ISU farm management field specialists, will discuss the new "Combo" crop insurance policy and options farmers have to choose from.
Other workshop topics will include the proposed good performance premium refund, choosing between basic and enterprise units, and grain marketing considerations. Computer applications will be available to help participants analyze their own farming operations.
Workshops are scheduled at five locations
Feb. 15 – Cherokee – Cherokee County Extension Office – 10 a.m.- 2 p.m.
Feb. 21 – Atlantic – Cass County Community Center – 10 a.m.- 2 p.m.
Feb. 22 – Fairfield – Jefferson County Extension Office – 12-4 p.m.
Feb. 24 – Iowa Falls – Ellsworth Community College (Hardin County Extension hosting) 10 a.m. to 2 p.m.
March 1 – Washington – Washington County Extension Office – 1-4 p.m.
Workshop registration is $20 and includes lunch. To register, call the county Extension office hosting the event: Cherokee, 712-225-6196; Atlantic, 877-596-7243; Fairfield, 641-472-4166; Iowa Falls, 888-648-5005; Washington, 319-653-4811. Registration is limited to 30 people per site.
Webinar Feb. 17 will also discuss 2011 crop insurance options
An online webinar will be held Feb. 17 to address crop insurance and grain marketing decisions. The live webinar will be held at 1 p.m. central time and you can tune in via your home computer and listen to and view the presentation. ISU's William Edwards will lead the webinar, updating farmers on crop insurance information they need to know for 2011. He will explain the new combo policy and other changes and considerations to help you make decisions this year. In addition, Ed Kordick, commodity services manager for Iowa Farm Bureau, will discuss preharvest marketing plans, along with an early look at potential profitability regarding the 2011 crop. "This webinar is a great opportunity for farmers to learn up-to-date information that can assist them as they make 2011 crop decisions," says Kordick. "And they can take part in this webinar from the comfort of their own homes." Registration is encouraged if you wish to participate in this online webinar. To test your computer's access, go online to www.extension.iastate.edu/testconnect. Once registered, you will receive an e-mail reminder. Participants can access the webinar at www.iowafarmbureau.com and look for the link on the main rotating banner. If you have to miss the webinar on Feb. 17, please note that an archived version will be available to view later on. If you have questions about this webinar, contact Kordick at 515-225-5433.