Informational Memorandum: PM-20-081
FCIC has approved an expansion of the Hybrid Sweet Corn Seed crop insurance program to include Hybrid Popcorn Seed. The existing Crop Provisions were renamed Hybrid Specialty Seed Crop Provisions to cover both Hybrid Sweet Corn Seed and Hybrid Popcorn Seed.
In addition to the changes described above, the following changes are applicable for the 2021 and succeeding crop years:
- The approved yield process was removed. Both the guarantee and production to count will be calculated based on the contract price.
- An appraisal method for mature production will be added to the program.
- Indemnities will trigger at the same threshold based on coverage level selected whether or not a minimum payment exists in the hybrid specialty seed contract.