Producer Page: Insurance Insights

Insurance Insights

As we are rapidly approaching harvest, I wanted to remind you of a couple of crop insurance related items that you should tend to now.

Silage Appraisals--- If you chop silage in your operation, remember that you need to have that silage corn field appraised before you harvest.  Contact your crop insurance agent and request this service.  A company appraiser will come out to your farm and estimate the yield.  You don’t want to forget this and have to delay your harvest waiting for an appraiser when the crop is ready.

Co-mingling of Grain--- A lot of us have 2016 grain remaining in the bin.  If you are not going to get that hauled away before you start combining the 2017 crop, you will again need to contact your crop insurance agent.   A company adjuster will be sent out to measure the old crop grain in the bin.  That way the company will know the bushels that were in the bin prior to the new harvest.  This becomes important for keeping your production history accurate and for loss claims.  If you have a yield or revenue loss but forget to have the prior crop measured, the old grain may have to be included in the total and could prevent you from having a claim.

Unit Production Records--- Get organized now for tracking your yields on a field by field basis.  It doesn’t take that much more effort to do so.  Even if you are using “enterprise units” for your federal crop (as most farmers do), having good unit by unit records will provide you with the flexibility of switching back to an individual unit policy if the situation is right.  In addition, it is just good agronomic management to what each field is doing so you can position your inputs and varieties in the most favorable place.

If you have any questions about these topics…..please give me a call.



Mark Producer Page headshotAbout Mark Warmka

Mark has worked at Peoples State Bank since 2003, serving as lead agricultural lending officer and bank Senior Vice President. He is also a member of the Board of Directors. Mark has an extensive background in the financial services industry, possessing both investment and insurance licensing and is fully accredited as a crop insurance agent.

He and his wife, Kate, an elementary teacher in Blue Earth, live on and manage the home farm near Easton. Their daughter, Amanda, is a Physician Assistant at UHD Hospital and daughter, Sara, is teaching and coaching at Fairmont Public Schools. 

You can reach Mark by email or at 507-553-3155.

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