With corn and soybean planting in Indiana well behind schedule, many farmers are dealing with prevented planting and potential replant decisions.
In response, Purdue’s Center for Commercial Agriculture has put together materials pertaining to these decisions.
In addition to the text below, they have compiled resources from Purdue University’s Department of Agronomy and USDA’s Risk Management Agency to provide information on crop insurance, the impact of planting date on crop yields, and replant considerations, available at https://ag.purdue.edu/commercialag
One of the first things to consider when making these decisions is your crop insurance coverage and its provisions. If you choose to plant after the final crop insurance planting date, the insurance guarantee is reduced by one percent for each day after the final planting date.
After 25 days, the guarantee is 55 percent for corn and 60 percent for soybeans. The final planting dates for corn and soybeans in Indiana are June 5 and June 20, respectively.
The late planting periods in Indiana are June 25 for corn and from June 21 to July 15 for soybeans.
If you’re facing a situation in which the crop has not been planted by the final crop insurance planting date, you have at least three alternatives: take the prevented planting payment and do not harvest a crop on those acres, plant the crop after the planting deadline, or plant an alternative crop instead.
Let’s briefly examine these three alternatives. First, if a prevented planting provision is offered in your crop insurance plan, you might receive a prevented planting payment if you are unable to plant the insured crop.
The percentages used to compute these payments are significantly below the farm’s crop insurance coverage guarantee, with coverage levels of 55 percent for corn and 60 percent for soybeans.
Second, you can plant the insured crop after the final planting date and, as noted above, have the guarantee reduced depending on the number of days between the final crop insurance planting date and the actual planting date.
Third, you can choose to plant an alternative crop after the final crop insurance planting date. If a second insurable crop is planted in place of the first crop on or before the end of the late planting period, coverage for the second crop replaces the coverage for the first crop.
If the alternative crop is planted after this date, the second crop can still be insured and payment equal to 35 percent of the prevented planting payment for the first crop applies.
If a crop is severely damaged due to a natural peril and is projected to produce less than 90 percent of the guaranteed yield, some crop insurance policies provide small replant payments. Minimum area and late planting rules still apply, and the same crop must be planted again.
Please visit the website above for further information.