January 2022Upcoming EventsEvery Saturday morning “Insights into Insurance” radio show KATE 1450AM 8:45amFeb 1 -2022 22nd Annual Ag SummitFeb 14 – Happy Valentine’s Day!Feb 21- Happy Presidents Day!March 15- Agriculture Risk Coverage and Price Loss Coverage Programs FSA sign up DeadlineMarch 15- Federal Crop Insurance Sign Up DeadlineMarch 15 - Enrollment/Election period ends for 2022 ARCPLC ProgramMarch 15 - Deadline to purchase 2022 NAP coverage for spring-seeded cropsMar 17- Happy St. Patrick's DayMar 20 - First Day of SpringApril 11- MPCI Earliest Planting Date - CornApril 15- Good Friday (Office Closed)April 17 - Happy EasterApril 21- MPCI Earliest Planting Date - SoybeansMay 8 - Happy Mother’s DayMay 30- Memorial Day (Office Closed) Farm Insurance Highlights 2022 22nd Annual Ag SummitIts Back and It’s Live! Please come and join us for our 2022 22nd Annual Ag Summit Ag Summit. This is one of the best attended agricultural seminars in the area. Crop Insurance Do you split apply Nitrogen? If so you could possibly be eligible for a Post Application Coverage Endorsement on your Crop Insurance. Read More FSA Updates Reminder that you need to update your selection for ARC/PLC Farm Programs.Please also know we will be having a presentation on this by Megan Roberts Extension Educator in Ag Business Management, University of Minnesota. She will help direct you in making your decisions. Read More Financial Waiver of DCIA Compliance for Commodity and Farm Storage Facility Loan ProgramsOn January 27, 2021, the Biden-Harris Administration suspended all debt collections, foreclosures, and other adverse actions for borrowers of direct farm loans and Farm Storage Facility Loans (FSFL) through USDA’s Farm Service Agency (FSA) because of the national public health emergency caused by the Coronavirus pandemic.It has been determined that the January 2021 suspension included a waiver of the Debt Collection Improvement Act (DCIA) noncompliance for issuing new Marketing Assistance Loans (MAL), Loan Deficiency Payments (LDP) or FSFL to borrowers who are in delinquent status with FSFL or farm loans.Under normal circumstances, DCIA specifies that a person cannot obtain Federal financial assistance in the form of loans (other than disaster loans), loan insurance, or guarantees if that person has delinquent Federal non-tax debt. MAL, LDP, and FSFL programs administered by FSA are currently subject to these statutory constraints.FSA county offices will review MALs, LDPs, and FSFLs that were previously denied on or after January 27, 2021, because of DCIA noncompliance. Offices will notify applicants of the waiver provisions and the opportunity to obtain a loan. All applicable eligibility requirements remain in place with the exception of DCIA waiver.Reach out to your local FSA office for more information. Insights Into Insurance Radio Show - Farm Machinery & Equipment ValuesThere is a situation in the Agricultural Industry that has the farmer needing to review their current machinery and outbuilding coverages. Please take a listen to Tom Sorenson Agency Director at Americana Insurance Group and Mike Woitas of KATE radio on their weekly show “Insights into Insurance” on why this the case is. Listen Would you like to receive our ShareCropper Newsletter?