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MPCI Plans

MPCI Plans

  • Actual Production History (APH) – Annuals
  • Barley, Corn, Cotton, Grain Sorghum, Oats, Peanuts, Potatoes, Soybeans, Tomatoes, Wheat
  • Coverage for low yields, late planting, replanting costs, and prevented planting
  • Growers Yield Certification (GYC) – Perennials
  • Apples, Peaches — Optional coverage for apple production and grade loss due to hail, wind, or fall freeze
  • Dollar Amount of Insurance (DO)
  • Clams (AQDOL), Nursery (Field and Container Grown)
  • Nursery Peak Season Endorsement — Covers increased inventory value during specified period (holidays and seasonal sales) without a full-year premium
  • Burley, Fire-Cured, and Flue-Cured

More Information on MPCI

Yield Guarantee
The yield guarantee is the historical actual production history (APH) yield times the level of coverage, times the insured acreage, times the insured's share. The APH yield is determined from producer production records for a minimum of four, up to ten, consecutive crop years. For producers who provide less than four years of actual yields, variable Transitional "T" Yields are used to complete the four-year database. However, the approved APH yield for producers who elect not to supply records is limited to 65% of the applicable "T" Yield for the first year the producer is insured. 

Production To Count
Production to count is all harvested and appraised production for the unit. Appraised production includes, but is not limited to, production lost to uninsured causes, and mature unharvested production (may be adjusted for quality deficiencies and excess moisture). 

A unit is defined as that acreage of the insured crop in the county which is taken into consideration when determining the guarantee, premium, and the amount of any indemnity (loss payment) for that acreage. The basic insurance unit is all insurable acreage of the insured crop in the county on the date coverage begins for the crop year in which the producer has a 100% share or which is owned by one entity and operated by another specific entity on a share basis. Basic units may be further divided into optional units. Optional units are determined by section, section equivalents, FSA Farm Serial Number, noncontiguous land (for certain perennial crops), and irrigated and non-irrigated practices. When the policy allows, optional units may be established, provided the crop is planted in a manner resulting in a clear and discernible break in the planting pattern at the boundaries of each optional unit, and the producer keeps separate identifiable records of planted acreage and harvested production for each optional unit. 

Contract Changes
MPCI is a continuous policy and will remain in effect for each crop year following the acceptance of the original application. Producers may cancel the policy, a crop, a county, or a specific crop in a specific county, after the first effective crop year, by providing written notice to the insurance provider on or before the cancellation date shown in the applicable crop provisions. Producers must request policy changes from their insurance provider on or before the sales closing date for a change of price election or coverage level. In addition, requests to increase the maximum eligible prevented planting acreage above the limitations contained in the crop policy must be made by the sales closing date for the applicable crop. Contract changes involving a successor-in-interest application and corrections of a producer's name, address, identification number, administrator, etc. may be made at any time. 

Reporting of Acreage and Crop Damage
Each crop year the producer is required to submit an acreage report by unit for each insured crop. The acreage report must be signed and submitted by the producer on or before the acreage reporting date contained in the Special Provisions for the county for the insured crop. In the event of crop damage, producers should immediately notify their insurance provider of the damage. 

Crop Availability
Crops covered by MPCI are almonds, apples, beans (canning and processing), canola, citrus, citrus trees, corn, grain sorghum, soybeans, upland cotton, extra long staple cotton, cranberries, dry beans, figs, Florida fruit trees, millet, nursery, peaches, peanuts, pears, peas, peppers, plums, popcorn, potatoes, prunes, raisins, rice, safflower, wheat, barley, oats, rye, flax, stone fruit, sugar beets, sugarcane, sunflower seeds, sweet corn (canning and freezing, and fresh market), tobacco, tomatoes (canning and processing), tomatoes (fresh market), and walnuts. 

MPCI Benefits
MPCI benefits include cash-flow protection, good loan collateral, added confidence when developing crop marketing plans, stability for long-term business plans, and family security. The government shares in the premium costs.

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