1 2 3 4 Get copy from NRCS Web will be update periodically - - PowerPoint PPT Presentation

▶
1
SMART_READER_LITE
LIVE PREVIEW

1 2 3 4 Get copy from NRCS Web will be update periodically - - PowerPoint PPT Presentation

Mar 30, 2023 170 likes •351 views

1 2 3 4 Get copy from NRCS Web will be update periodically ( www.nrcs.gov ) 5 6 Updated Yesterday 7 8 Updated Yesterday 9 2014 Risk Management Check Up Is YOUR 2013 Risk Management Plan Adequate to Manage 2014 Risks?

slide-1
SLIDE 1

1

slide-2
SLIDE 2

2

slide-3
SLIDE 3

3

slide-4
SLIDE 4

4

slide-5
SLIDE 5

Get copy from NRCS Web

will be update periodically (www.nrcs.gov)

5

slide-6
SLIDE 6

6

slide-7
SLIDE 7

Updated Yesterday

7

slide-8
SLIDE 8

8

slide-9
SLIDE 9

Updated Yesterday

9

slide-10
SLIDE 10

2014 Risk Management Check Up

Is YOUR 2013 Risk Management Plan Adequate to Manage 2014 Risks?

(Increasing Input Costs, Prices & Weather Volatility)

10

slide-11
SLIDE 11

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 ?

11

slide-12
SLIDE 12

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 ?

12

slide-13
SLIDE 13

13

slide-14
SLIDE 14

All Have One Common Thought …

14

slide-15
SLIDE 15

15

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

15

slide-16
SLIDE 16

Farming has always been a risky business. Crop insurance helps you level the playing field by protecting you and your family from substantial losses. With $400 million of protection and more than 17,800 insured farm units in Maryland, 3,520 received indemnity payments totaling $28 million or $1.94 for each dollar paid in premiums in 20112 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 www3.rma.usda.gov/apps/agents/

Call an agent today.

For more information on Crop insurance You can go to: www.rmra.usda.gov www.agriculture.state.pa Gene Gantz (717) 497-6398) Email: gantz@pa.net Steve Connelly (410-841-5824 Email: steve.connelly@maryland.gov

16

slide-17
SLIDE 17

2014 Risk Management Check Up

For more information & farm level details: Contact crop ins. agent (list: www.rma.usda.gov/tools/agent.html)

Or: Steve Connelly - MDA

(410-841-5824) steve.connelly@maryland.gov Presentation by: Gene Gantz, RMA/USDA (717) 497-6398 gantz@pa.net; www.rmra.usda.gov. “This institution is an equal opportunity provider.”

17