Focus on Farming VIII

"Harvesting Opportunities" 

 

Hold the date! Focus on Farming VIII will be held Nov. 3 at Comcast Arena in Everett!

 

With the new venue comes new opportunities. This year's event will feature a full trade show -- the first for Focus on Farming. The ice rink will be covered up for the event and will be filled with tractors, implements, seed suppliers,  and so much more.

 

Save the date now and plan on a great day of learning, networking, and of course wonderful, locally produced food.

 

For more information contact Linda Neunzig at 425-388-7170 or  linda.neunzig@snoco.org.

Livestock Risk Protection Program Available in the Pacific Northwest

 

The Risk Management Agency's (RMA) Spokane Regional Office would like to remind Pacific Northwest livestock producers that the Livestock Risk Protection (LRP) program is available in Snohomish County and other counties in Washington. LRP insurance plans include Fed Cattle, Feeder Cattle, Lamb and Swine.

 

LRP coverage protects the policyholder from downward price risk during the insurance period. It does not cover any other peril (e.g., mortality, condemnation, physical damage, disease, individual marketing decisions, local price deviations or any other cause of loss).

 

There are two steps to buy LRP coverage: 1) producers must submit an application. Once the application is approved, the livestock crop insurance provider will assign a policy number; and 2) the producer activates coverage at any time by applying for a Specific Coverage Endorsement (SCE). No insurance coverage is provided until the producer submits an SCE. Insurance will attach immediately when RMA confirms the SCE has been accepted.

 

Premiums are due on the day an LRP insurance endorsement is purchased and includes a 13-percent subsidy on the premium from RMA. To determine a premium, an insured producer will select the appropriate insurance period covering the expected sell or slaughter date; choose a coverage price based on the chosen coverage period; provide the number of livestock expected to be ready for sale or slaughter at the end date and the target weight at time of slaughter; and the percentage share of ownership in livestock to be insured.

 

Sales for the 2012 crop year will begin July 1 and continue through June 30, 2012, or until the maximum underwriting capacity as established by the Federal Crop Insurance Corporation is reached. Cattle, swine and lamb producers are encouraged to contact a local livestock insurance agent to learn additional details.

 

Federal crop insurance program policies are sold and delivered solely through private crop and livestock insurance companies. A list of livestock crop insurance agents is available at all USDA Service Centers throughout the U.S. or at the RMA Web site address: http://www3.rma.usda.gov/tools/agents.