February 6, 2024

Press Releases

Reminder: Spring Crop Sales Closing

Soybean

Cortland, N.Y. — The deadline to insure spring crops in the northeast for the 2024 crop year is March 15, 2024. Insurable spring crops include field and vegetable crops such as corn, soybeans, barley, oats, fresh market sweet corn, cabbage, processing beans, processing sweet corn, dry beans, green peas, fresh market beans, tomatoes, tobacco and potatoes. Coverage availability varies by county. Visit CropGrowers.com for more information.

As crop producers face higher input costs and tighter margins, profit exists within a small percentage of the total yield. Today’s crop insurance program is much more sophisticated and provides cost-effective coverage options with a minimal 5% deductible through products such as the Enhanced Coverage Option (ECO). Now is the time to meet with a Crop Growers agent to review your business plan and evaluate the new crop insurance coverage products.

“As the foremost provider of crop insurance in the northeast, we take great pride in serving over 1,800 farm families and safeguarding 570,000 acres of spring crops,” said Crop Growers Leader, Jeremy Forrett. Jeremy emphasizes Crop Growers commitment to northeast agriculture, highlighting the dedicated team’s use of state-of-the-art decision support tools, including the exclusive Optimum program. “This cutting-edge tool ensures confident and informed crop insurance decisions, allowing us to fulfill our mission of creating personalized risk management plans that protect the investment and maximizing revenue for our valued customers.”

To protect your investment in the 2024 crop, spring crop producers should contact their Crop Growers agent well in advance of the March 15 deadline. For a listing of local agents, visit CropGrowers.com. Let your agent know of any changes in your entity and they will update you of any changes to the crop insurance policy.

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Crop Growers is owned by Farm Credit East. Over the past 20 years, Crop Growers has developed risk management plans for northeast farmers that have responded to weather and market related crop losses by paying indemnities in excess of $500 million. To find out more about crop insurance, visit CropGrowers.com, contact your local Farm Credit branch office or our Northeast Customer Service Center at (800) 234-7012.

Crop Growers is an equal opportunity provider. 

Tags: crop insurance, risk management