November 7, 2018
Agricorp is currently working with Production Insurance customers to confirm their decisions to destroy loads of corn that they cannot either sell or dry and store, so they can move forward with harvest.
Agricorp understands that customers have important decisions to make, and Agricorp is committed to ensuring that customers have the information they need to make the right business decisions for their farm.
2018 corn yields are expected to be above average. It is essential to note that these higher yields can offset low-yielding fields affected by deoxynivalenol (DON), and that this may not result in a Production Insurance claim payment. Adjusters are currently having these important conversations with affected customers to help them understand how Production Insurance works, including:
- Ensuring that customers understand their yield guarantee and claim position
- Assessing the yield potential of the remaining corn crop
- Assessing storage options
- Ensuring that customers understand the current DON levels being accepted in their area.
For Production Insurance, Agricorp will assign a zero yield to any corn destroyed due to DON. Agricorp recommends following
OMAFRA's best management practices for destroying corn to reduce impacts, including volunteer corn in 2019.
Producers who have storage options and who are waiting for an alternate market should continue to work with their adjuster on next steps. Refer to agricorp.com for more information on storage of DON-affected corn.
Agricorp asks that customers keep them updated on the condition of their crop as harvest continues.