Malting Barley Endorsement

Malting Barley Endorsement

David Sparks Ph.D.
David Sparks Ph.D.
USDA Announces New Malting Barley Endorsement

Revenue Coverage Now Available for Malting Barley Producers

 

Yesterday we had a conversation with Kelly Olsen was a Administrator for the Idaho Barley Commission concerning the quality of the barley crop in Idaho this year. We learned that the quality is average but also found out that from year to year things can really change due to weather considerations. USDA's Risk Management Agency just announced the availability of a new malting barley endorsement to the Small Grains Crop Provisions for the 2016 crop year. The endorsement provides revenue coverage on malting barley and is available in all counties where barley is insured in Alaska, Idaho, Oregon, and Washington.

 

The new malting barley endorsement includes revenue coverage for malting barley and basic, optional, and enterprise units. The endorsement provides quality coverage based on the producer's contract specifications and uses projected and harvest prices to determine the producer's contract price.

 

Producers are encouraged to visit their crop insurance agent soon to learn specific details for the 2016 crop year. Crop insurance coverage decisions must be made on or before the sales closing date. Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator. Producers can use the RMA Cost Estimator to get a premium amount estimate of their insurance needs online.

 

Previous ReportBarley Quality
Next ReportZoetus and ICA