Summary
BANGOR - The U.S. Department of Agriculture's Farm Service Agency in Penobscot and Hancock counties has announced that producers who did not obtain crop insurance or Noninsured Crop Disaster Assistance Program coverage for 2008 can pay a buy-in fee through May 18 to become eligible for 2008 disaster assistance programs authorized by the Food, Conservation and Energy Act of 2008.
Producers who choose to "buy in" under this provision will be considered, for insured crops, to have obtained a policy or plan of insurance for the 2008 crop year at a level of coverage not to exceed 70 percent of the yield at 100 percent of the price. For noninsurable crops, producers will be considered to have a level of coverage equal to 70 percent of the yield. These levels of coverage will be used to calculate the 2008 SURE guarantee.See the full content of this document
Extract
Farmers Offered Buy-in for Crop Disaster Aid
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