|Q: What’s the latest on Prevent Plant?|
A: Across the country, prevent plantings set a record in 2019 at nearly 20 million acres, more than double the previous record in 2011. Historic flooding in the early spring and record rainfall across portions of the Corn Belt led many in the industry to expect prevent plantings to reach record highs in 2019, and the latest crop report bears that out. Prevented planting payments provide crop insurance benefits to policyholders to compensate for pre-planting costs incurred in preparation for planting the crop.
|Q: Do I need to certify my corn and soybeans as a cover crop in prevent plant fields?|
|Q: Will I be able to receive prevent plant guarantee off the fall or spring price?|
|A: Prevented planting claims will be paid using the projected spring price.|