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Crop Associated Acronyms
Crop Associated Glossary A B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z - A -
Acreage Report (AR) - Form used by insured and agent to report all acreage planted of the insured crops on the policy. It is combined with the approved APH form. Acreage
Reporting Date (ARD) - The date
by which insureds are required to submit acreage reports. Acreage
reports must be filed not later than the acreage reporting date contained in
the Special Provisions for the county for the insured crop or as provided in
the basic policy provisions. Actual
Production History (APH) - A major component of MPCI and CRC. The
APH establishes an average yield for the insured crop based on the grower's
previous year’s experience. The APH yield is used to set the
insured's guarantee and determines the premium rate. Actual
Yield - The yield for a crop
year calculated from the producer's records and/or claims for
indemnities. The actual yield is determined by dividing total
production (including harvested and appraised potential production) by
planted insurable acreage for annual crops and by insurable acres for
perennial crops (unless production from uninsurable acreage is commingled
with production from insurable acreage). Actuarial
– FCIC publishes actuarial
data by eligible crop by county. The county actuarial document book
contains Added
Land (AL) - Land on which the
insured has not actively engaged in farming for a share of the crop's
production on the unit for more than two APH crop years. Added
Practice, Type, or Variety (P/T/V) -
A P/T/V of the insured crop as identified on the actuarial document that
requires separate APH yields, and for which the insured has NOT been actively
engaged in farming for a share of the P/T/V's production on the unit for more
than two APH crop years. Administrative
Fee - The annual fee that the
producer must pay per crop and county in addition to the premium (if any) for
buy-up or CAT coverage. The CAT coverage fee is $100 per crop per county not
to exceed $200 per producer PER COUNTY up to a maximum of $600 for all
counties on an annual basis. The administrative fee for buy-up coverage
is $30 per crop per county. APH - See Actual Production History. APH
Database - The data used to
calculate the APH yield. Application
- Form used to insure crops
under the MPCI program. Must be properly dated, completed and signed by
the sales closing date for the crop. Appraised
Production - Production
determined by the Insurance Provider for unharvested acreage, reflecting the
potential production for the crop at the time of the appraisal.
Appraisals made for production lost due to insured or uninsured cause(s) of
loss are not considered production for APH purposes. Only potential
production remaining in the field at the time of the appraisal is used for
APH purposes. (Applies to both APH appraisals and appraisals made to
determine a loss.) Approved
APH Yield/Approved Yield - The
amount of production per acre computed and approved by the verifier in
accordance with FCIC's Actual Production History Program, or the yield used
to determine the guarantee in accordance with the crop provisions or the
Special Provisions. The approved APH yield may contain up to ten
consecutive APH crop years of actual and/or assigned yields. Assigned
Yield – A yield assigned
(by the verifier) for the most recent APH crop year in the base period (by database)
if carryover insureds do not file acceptable production reports by the
production reporting date, as required by the crop insurance contract.
The assigned yield is 75% of the previous year’s approved APH
yield. Assigned yields are used in the same manner as actual yields
when calculating APH yields. Assignment
of Indemnity - A form with which
an insured can sign their right and interest to an indemnity payment over to
a lender. Must have company approval and signatures of all parties. Audit - Process in
which the crop specialist/auditor checks all paperwork and calculations the
agent/insured/adjuster has submitted to verify that correct
procedures/regulations have been followed and calculations are accurate. Average
APH Yield – The sum of the
actual, assigned, and/or applicable “T” yields divided by the
number of yearly yields in the database (prior to the application of yield
limitations or yield floors, if applicable). - B -
Base
Period- Ten consecutive APH crop
years (five consecutive APH crop years for Apples and Peaches) immediately
preceding the current policy crop year (defined in the applicable insurance
policy) for which the approved APH yield is being established.
Exceptions: the base period for AZ-CA Citrus and Sugarcane begins two
calendar years preceding the current policy crop year (a lag year). The
base period for each APH database is determined by the consecutive APH CROP
YEARS it contains, not by calendar years. - C -
Cancellation Date - the calendar date specified in the Crop Provisions on which that crop policy would automatically renew unless canceled in writing by either the insured or the insurer. Carryover
Insured - A person or entity,
who was insured the previous year without respect to the carrier or agent,
determined on a crop policy (by county) basis. Cup
- A 10% Cup yield limitation
that applies on a unit/practice/type basis on all APH crops for carryover
insureds. The current year's approved APH yield will not decrease more
than 10% compared to the prior APH yield (includes T yields). Cash
Lease (100 Percent Share)
– Acreage rented for cash is considered a cash lease. A lease
containing provisions for either a minimum payment or a crop
share will be considered a cash lease. Catastrophic Risk Protection (CAT) -
The minimum level of coverage offered by RMA which meets the requirements for
a person to qualify for certain other USDA program benefits (50/55). Category
B Crops (Annual Crops) - Barley,
Canola, Canning and Processing Beans, Corn, Cotton, Dry Beans (including contract
seed beans), ELS Cotton, Flax, Forage Production, Grain Sorghum, Oats,
Onions, Peas (Dry and Green), Potatoes, Popcorn, Rice, Rye, Safflower,
Soybeans, Sugar Beets, Sugarcane, Sunflower, Sweet Corn (Canning and
Freezing), Tobacco (Production Guarantee - types 41 and 32 PA; 51 and 61 CT;
51, 52 and 61 MA; and 32 MD), and Tomatoes (Canning & Processing and
Fresh-Market Guaranteed Production Plan) and Wheat. Category
C Crops (Perennial Crops) -
Almonds, Apples, Arizona-California Citrus (for the 1999 policy crop year),
Blueberries, Cranberries, Figs, Grapes, Macadamia Nuts, Peaches, Pears,
Plums, Prunes, Stonefruit (Apricots, Nectarines and
Peaches), Table Grapes, Texas Citrus (for the 1999 policy crop year) and
Walnuts. CC
- Continuous Crop CHIAA - Crop Hail Insurance Actuarial Association Closed
Claim – The status of a
policy that indicates that an indemnity was paid to the insured and company
personnel closed the claim. Coarse
Grains - Grain Sorghum, corn,
and soybeans. Commingled
Production - Production from
separate practices/units that was combined and stored or marketed
together. Can result in loss of optional unit structure. Companion
- Person(s) sharing on any given unit. Confirmation
of Coverage - A computer printed
form sent to each insured prior to the sale closing date indicating the
crop(s) insured, price election and level of
coverage selected for each policy. Conservation
Reserve Program (CRP) - An FSA
program in which a producer takes ground out of production for a period of
ten years. Continuous
Policy - Coverage renews every
year until canceled in writing. MPCI is a continuous policy. Continuous
Production Reports –
Production reports submitted by a producer for each consecutive APH crop year
(within the base period), including the most recent APH crop year in the base
period. Continuity is not interrupted if, for any calendar year, the
crop was not planted, was prevented from being planted by an insurable cause,
or was NOT produced for an insurable purpose. Contract – The contractual agreement between the
insured and the Insurance Provider consisting of the accepted application,
the Basic Provisions, the Crop Provisions, the Special Provisions, other
applicable endorsements or options, the Actuarial Table for the insured crop,
the Catastrophic Risk Protection Endorsement (if applicable), and the
applicable regulations. County – The political subdivision of a state
listed in the actuarial table and designated on the accepted application
(“county” includes acreage in a field that extends into the
adjoining county or state if the county or state boundary is not readily
discernable). (For quota tobacco, “county” includes any
land identified by an FSA farm serial number for the county but physically
located in another county.) Crop
Hail Insurance - Crop insurance
that covers losses pertaining primarily to hail. Fire is often included with a hail
policy. Some companies will also offer
a wind endorsement for additional premium. Crop Insurance Handbook (CIH) - A
manual published and distributed by FCIC containing the rules and regulations
pertaining to writing MPCI. Crop
of Economic Significance - A
crop that has either contributed in the previous crop year, or is expected to
contribute in the current crop year, 10 percent (10%) or more of the total
expected value of the producer's share of all crops grown in the
county. However, a crop will not be considered a crop of economic
significance if the expected liability under the CAT Endorsement is equal to
or less than the administrative fee ($100) Crop
Provisions - The part of the
policy that contains the specific provisions of insurance for each insured
crop. Crop Revenue Coverage (CRC) - A revenue plan of insurance that guarantees
revenue per acre as opposed to MPCI that guarantees production per acre. Crop
Share – Acreage rented for
a percentage of the crop will be considered a crop share lease. A lease
containing provisions for both a minimum payment (such as a specified
amount of cash, bushels, pounds, etc.) and a crop share will be
considered a crop share lease. Crop
Year – Usually defined by
the year that the crop is harvested. APH
Crop Year – For APH
purposes, the term does not include any year the crop was not planted,
prevented from being planted by an insurable cause, or NOT produced for an
insurable purpose as provided in the crop’s policy.
Policy
Crop Year – The period
defined by the applicable crop insurance policy. - D -
Database
- The data used to calculate the
average/approved APH yield. A minimum of four, up to a maximum of ten,
continuous APH CROP YEARS of production data are used. The data
provided must begin with the most recent APH CROP YEAR. Years
containing assigned yields do not break continuity of production data and are
considered APH CROP YEARS. Date
Table - A listing of all
deadline dates for each crop in each county. D-Yield
- A yield available for some
Category C crops, used to fill out the data base when less than four years of
actual yields are certified. - E -
Enterprise Unit (EU) – All insurable acreage of the insured
crop in the county in which you have a share on the date coverage begins for
the crop year (for premium computation purposes, the enterprise unit
discount, if shown on the FCI-35, is in addition to the basic unit
discount). An enterprise unit must consist of: One
or more basic units of the same insured crop that are located in two or more
separate sections, section equivalents, or FSA FSNs; -or- Two
or more optional units of the same insured crop established by separate
sections, section equivalents, or FSA FSNs. Entity
- Each separate sharing person
in a crop. Each entity is insured individually. Established
Price - The price per unit of
production issued by FCIC by each crop's filing date. Expected
Market Price - The price per
unit of production (or other basis as determined by FCIC) anticipated during
the period the insured crop normally is marketed by producers. This
price will be set and announced by FCIC not less than 15 days prior to the
sales closing date for the crop. Applicable for the following crops:
Barley, Corn, Grain Sorghum, Hybrid Corn Seed, Hybrid Sorghum Seed, Malting
Barley, Oats, Rye, Soybeans, and Wheat - F -
Farm Serial Number (FSN) -
The number assigned to each and every farm located within a given
county. The FSA office assigns these numbers. Farm Service Agency (FSA) -
An agency within USDA that we work with at the county level to verify
insureds' acres, share, etc. Federal Crop Insurance Corporation (FCIC) - the government corporation within the United States
Department of Agriculture (USDA) that administers the crop insurance program.
FCI-2
Agreement - A form that the
Field Underwriting Office (FUO) returns after an FCI-5 has been
submitted. This form is an insurance offer or rejection. FCI-5
Agreement (Written Agreement)- The request form for an actuarial change that is
sent to the FUO. Field
Underwriting Office (FUO) - An
FCIC agency. Final
Planting Date - The date in the
Special Provisions for the insured crop by which the crop must initially be
planted to be insured for the full production guarantee. - G -
Good
Farming Practices – The
cultural practices generally in use in the county for the crop to make normal
progress toward maturity and produce at least the yield used to determine the
production guarantee or amount of insurance. Those recognized by the
Cooperative State Research, Education, and Extension Service as compatible
with agronomic and weather conditions in the county. Gross
Production - Net delivered
production of the commodity (by removing truck weight and other weights which
are considered tare from the gross scale weight) prior to deductions made for
dockage, test weight, moisture content, poor quality, foreign material,
etc. For APH purposes, harvested or appraised gross production,
documented in the unit of measure indicated by the crop's policy, is
acceptable. However, when acceptable records that indicate dockage, low
test weight, high moisture content, poor quality, foreign material, etc., are
available at the time production reports are filed, gross production MUST be
adjusted for APH purposes to reflect the same quality of production as
provided in the crop's policy for loss payment purposes. Group Risk Plan (GRP) - An alternative plan of insurance based on the
experience of the county rather than individual farms. Protects against
yield loss. Group Risk Income Protection (GRIP) - A GRP policy with a price component, used to
provide revenue protection. GRIP
provides downside price protection, and the Harvest Revenue Option (HRO) adds
upside price protection. Guarantee
- Approved APH yield multiplied
by the level of coverage. With revenue
plans, this is then multiplied by the base price for a revenue guarantee. - H -
Harvest
- Combining, threshing, or
picking the insured crop for grain, or cutting for hay, silage or fodder.
(Definition may vary by crop.) - I -
Inter-tillable Between Rows (IBR) -
A non-irrigated practice. The crop is planted in rows far enough apart
to permit cultivation. Income Protection (IP) -
FCIC's revenue product, similar to CRC or RA, but lacking upside price
protection. Indemnity
- Money that is paid to an
insured for a loss or damage to an insured crop. Insurance
Provider - A company reinsured
by FCIC providing crop insurance coverage to producers participating in any
Federal crop insurance program administered under the Federal Crop Insurance
Reform Act of 1994. Beginning with the 1998 crop year, FSA no longer
sells MPCI CAT coverage. Insured
- The named person as shown on
the application accepted by us. This term does not extend to any other
person having a share or interest in the crop (for example, a partnership,
landlord, or any other person) unless specifically indicated on the accepted
application. Insured
Crop - The crop defined under
the Basic Provisions and the applicable Crop Provisions as shown on the
application accepted by the Insurance Provider. Intended
Crop - A crop stated on the
application submitted on or before the crop's sales closing date that the
insured intended to plant the crop year for which application is made.
("Intended crop" is used in conjunction with substitute crop
determinations.) Interested
Party - Person(s) having a share
in the crop. Irrigated practice (IR/IRR) - A method of producing a crop by which water is artificially applied
during the growing season by appropriate systems and at the proper times,
with the intention of providing the quantity of water needed to produce at
least the yield used to establish the irrigated production guarantee or
amount of insurance on the irrigated acreage planted to the insured crop. - L -
Late
Planted - Acreage planted to the
insured crop during the late planting period. Late
Planting Period - The period
that begins the day after the final planting date for the insured crop and
ends twenty-five (25) days after the final planting date. Level
of Coverage - The percent of the
APH that the insured wishes to protect. Choices are 50 - 85% in 5%
increments for MPCI, RA, and CRC. MPCI example: 100 Bu./acre APH X 75% level of coverage = 75 Bu./acre
production guarantee. Limited
Resource Farmer - A producer or
operator of a farm, with an annual gross income of $20,000 or less derived
from all sources of revenue, including income from a spouse or other members
of the household, for each of the prior two years. Notwithstanding the
previous sentence, a producer on a farm or farms of less than 25 cropland
acres (aggregated for all crops), where a majority of the producer's gross
income is derived from such farm or farms but the producer's gross income
from farming operations does not exceed $20,000, will be considered a limited
resource farmer (e.g. a producer farming 20 acres with a total gross income
of $39,000, of which $20,000 is farm income and $19,000 is off-farm income,
is a limited resource farmer). Linkage
Requirement – The legal
requirement that a producer must obtain at least CAT coverage for any crop of
economic significance as a condition of receiving benefits for such crop from
certain other USDA programs. This is required unless the producer
executes a waiver of any eligibility for emergency crop loss assistance in
connection with the crop. Loss – The status of a policy that indicates
there was an actual loss of production and an indemnity was paid. Loss
Notice - Notice of Loss –
The form and procedure that is used by the agent to notify the company of any
loss on an insured crop. The insured is required to give notice to the
agent not later than 72 hours after certain occurrences or 15 days after the
end of the insurance period. Loss
Payee - Person(s) to whom a loss
will be paid. - M -
Market
Price - A price election option
available on barley, oats, rye flax, malt barley, grain sorghum, corn, corn
silage, and soybeans. The market price is determined by FCIC. Master
Yield - The FUO Approved Master
Yield is available for some crops and locations where crop rotation and land
leasing limits the yield history available during the base period.
Production from all acres of the crop the producer has in the county (by
practice, type, area, and basic unit when all entities are insured) is used
to establish an approved APH yield for all acreage of the crop planted in the
designated area. Multi-Peril Crop Insurance (MPCI) -
FCIC's "standard" insurance product, which provides protection
against a production loss. - N -
New
Insured - A person/entity who was not insured the previous crop year without respect
to the carrier (FSA or Insurance Company) or agent. If the insured had
an MPCI, Income Protection, Crop Revenue Coverage, or Revenue Assurance crop
insurance policy the previous crop year on the same crop/county, that person
is not a new insured. New
Producer – (CATEGORY B
CROPS ONLY) A person who has not been actively engaged in farming a share of
the production of the insured crop (producing the crop) for more than two APH
crop years. Formation or dissolution of an entity which includes
individuals with more than two APH crop years of production history during
the base period does not qualify the new entity as a new producer for APH
yield determination purposes. Not Inter-tillable Between Rows (NIBR), a non-irrigated practice in which the crop is
planted in rows too narrow to permit cultivation. Non-Contiguous – Any two or more tracts of land whose
boundaries do not touch at any point, except that land separated only by a
public or private right-of-way, waterway, or an irrigation canal will be
considered as contiguous. - O -
Open
Claim – The status of a
policy that indicates the insured has reported that a potential loss exists
on a policy. - P -
Person/Entity – An individual, partnership, association,
corporation, estate, trust, or other legal entity, and wherever applicable, a
state or a political subdivision or agency of a state.
“Person” does not include the United States Government or any
agency thereof. Planted
Acreage – Land in which
seed, plants, or trees have been placed as appropriate for the insured crop
and planting method, at the correct depth, into a seedbed that has been
properly prepared for the planting method and production practice. Policy
– This is the Contract of
Insurance. The provisions for insuring a specific crop. Policy
Change Form - Can be used by the
insured to make a number of changes to the insurance policy (i.e. change of
price election or coverage level, change insured's address or tax id number
or cancel the policy). Power of Attorney (POA) -
Form required when showing an individual has authority to sign for another
person. Practical
to Replant - The Insurance
Provider's determination, after loss or damage to the insured crop, based on
all factors, including, but not limited to, moisture availability, condition
of the field, time to crop maturity, and marketing window, that replanting
the insured crop will allow the crop to attain maturity prior to the calendar
date for the end of the insurance period. It will not be considered
practical to replant after the end of the late planting period, or the final
planting date if no late planting period is applicable, unless replanting is
generally occurring in the area. Unavailability of seed or plants will
not be considered a valid reason for failure to replant. Practice
- Irrigated or Non-Irrigated,
Summer Fallow/Continuous Crop, IBR/NIBR, FAC/NFAC. Preliminary
Yield - The APH yield calculated
by the agent prior to approval by the verifier. Preliminary yields are
used to provide coverage estimates and premium quotations and are calculated
using the same procedure as approved APH yields. Premium
– The insured’s cost
of insurance. Prevented Planting (PP) -
Inability to plant the insured crop with proper equipment by the final
planting date designated in the Special Provisions for the insured crop in
the county or the end of the late planting period. Insured must have
been unable to plant the insured crop due to an insured cause of loss that
prevented the majority of producers in the surrounding area from planting the
same crop. Price
Election - The component of the
crop insurance program that puts a monetary value on the commodity.
MPCI price elections are set by FCIC. Revenue product price elections
are set by a commodity exchange, i.e. Chicago Board of Trade. Prior
APH Yield – The approved
APH yield from the previous year’s APH form. Production
Guarantee (Per Production
Report - A written record
showing an insured’s annual production and used by the insurer to
determine the insureds yield for insurance purposes. The report
contains previous yield information including planted acreage and harvested
production. Production reports may be APH forms or documents containing
the same information required to complete APH forms. The insured must
certify acreage and production for each unit of the crop for at least the
most recent APH crop year in the base period. To be acceptable,
production reports must meet the requirements as outlined in the CIH and be
signed, dated, and submitted by the insured on or before the production
reporting date. Production Reporting Date (PRD) -
The latest date production reports will be accepted for inclusion in the
database used to calculate approved APH yields for the current crop
year. The PRD is the earlier of the acreage reporting date or 45
calendar days after the earliest cancellation date for the crop for the current
crop year unless otherwise stated in the Special Provisions. NOTE:
For new insureds, if a crop has both a spring and fall sales closing date,
and application for insurance is made after the earlier sales closing date,
the PRD is the earlier of the acreage reporting date or 45 calendar days
after the spring sales closing date. Insurance does not attach to the
acreage planted to the type with the earlier sales closing date if
application is made after the earlier sales closing date. Program
Yield - See Established Yield. - R -
Reconstituted
(Re-Con) - When two or more FSNs
are combined or divided. Released
Loss – The status of a
policy that indicates a claim was reported, no indemnity was found due and
owing, therefore the loss was released. Replanting
- Performing the cultural
practices necessary to replace the seed of the same insured crop, and
replacing the seed for the same crop in the insured acreage with the
expectation of growing a successful crop. Revenue Assurance (RA) - A revenue plan of insurance that guarantees
revenue per acre as opposed to MPCI that guarantees production per acre. This plan offers downside price protection,
and both upside and downside price protection when the Harvest Price Option is
purchased. Available in Optional, Basic,
RMA Regional Service Office (RMA RSO) -
The Risk Management Agency (RMA) Field Underwriting and Program Services
Office for a designated area (states). RMA
RSO Determined Yields- The
approved APH yield determined by the RMA RSO for insureds who do not provide
at least four years of acceptable production reports when a “T”
Yield Table is not published; or for other cases referred to the RSO for
yield determinations. - S -
Sales
Closing Date - Last possible date
to take out a MPCI application, cancel or make other changes to an existing
policy for the current crop year. Significant Business Interest (SBI) -
All individuals or corporations having more than a 10% interest in the
entity/farming operation. Schedule of Insurance (SOI) -
Previously referred to as Summary of Coverage or Dec Sheet, this form is
printed at the company. It shows coverage and premium by unit as well
as premium due for that policy. A Schedule is printed for each insured
after submission of the acreage report. Section
- (for the purposes of unit structure) - A unit of measure under a rectangular survey
system describing a tract of land usually one mile square and usually
containing approximately 640 acres. Share
– The insured’s
percentage of interest in the insured crop as an owner, operator,
sharecropper, or tenant at the time insurance attaches. Unless the
accepted application clearly indicates that insurance is requested for a
partnership or joint venture, or is intended to cover the landlord’s or
tenant’s share of the crop, insurance will cover only the share of the
crop owned by the person/entity completing the application. The share
will not extend to any other person having an interest in the crop except as
may otherwise be specifically allowed in the Basic Policy Provisions. Similar
Crop – Another crop
produced by the grower and classified under a broad grouping of crops such
as: row crops, tree crops, vine crops, bush crops,
etc. Example:
Annual crops such as wheat, corn soybeans, etc., are considered to be similar
crops; apples, peaches, pears, etc., would also be considered similar crops. Small
Grains - Wheat, oats, barley,
flax, rye. Special
Provisions - The part of the
policy that contains specific provisions of insurance for each insured crop
that may vary by geographic area. Subordination
- Document signed by a lender
(bank) guaranteeing that the premium will be paid. Successor
in Interest - Through use of a
Policy Change Form and a new application, a successor (i.e. surviving spouse,
or guardian) may retain all the yield history, experience, and premium
discounts accumulated by the former insured. - T -
Tenant
- Producer or farmer, usually
having the largest share in a crop. Temporary
Yield – A yield used (by
unit) when an insured is unable to finish harvest (due to an insurable
cause), or records are unavailable from the processor, marketing outlets,
etc., by the production reporting date. Timely
Planted - Planted on or before
the final planting date designated in the Special Provisions for the insured
crop in the county. Transitional Yield (T-Yield) -
An estimated yield provided in the Actuarial Table which is used in
calculating average/approved APH yields when less than four years of actual,
temporary, or assigned yields are available on a crop by county basis. NOTE:
Any actuarial document references to Determined Yields (“D”
Yields) are considered “T” Yields for APH purposes. Transitional
Yield Locator Document (T-Yield Map) - A county map indicating area classifications and corresponding
“T” yields. “T” area classifications are used
in conjunction with the “T” Yield Table to determine
“T” yields. Transfer
of Coverage - When an insured,
during the crop year (after the crop is seeded) transfers his/her share on
the crop to another party. - U -
Unit
- The insurable acreage of the
insured crop taken into consideration when determining the APH yield,
production guarantee, and loss payment. USDA - The United States Department of
Agriculture - V -
For Category B Crops
- Sixty-five, 80, 90, or 100 percent of the applicable “T” Yield
based on the number of years of actual, assigned, or temporary actual yields
provided on a crop (policy) and county by the insured. For Category C Crops
– Sixty-five, 80, 90, or 100 percent of the applicable “T”
Yield based on the number of years of actual, assigned, or temporary yields
provided for each database by the insured. Verifier – An Insurance Provider authorized by RMA
to calculate approved APH yields. - W -
Waiver
(Linkage) - An FSA document that
when signed by a producer relinquishes that producer's eligibility for
emergency crop loss assistance and satisfies linkage. Waiver
(Administrative Fees) - A
document that, when signed by limited resource farmers, exempts them from
paying the administrative fee. Whole Farm Unit (WU) – All insurable acreage of the insured
crops in the county in which you have a share on the date coverage begins for
each crop for the crop year. Written
Agreement (FCI-5)– A
document designed to provide crop insurance for insurable crops when coverage
or rates are unavailable and to modify multiple peril crop insurance
offers. This document allows the flexibility to provide insurance
coverage for land or persons involved in the production of insurable crops
and to amend the terms and condition of insurance provided in the insurance
policy when specifically permitted by the regulation, policy,
actuarial documents, or special provisions. - Y -
Yield Adjustment (YA) – A type of yield limitation that is
designed to artificially raise an approved yield by adjusting any APH yields
lower than 60% of the T-yield due to an insurable cause of loss to a minimum
of 60% of the T-Yield. Yield
Descriptor -Each yield entered
in the yield column of an APH database must be identified with the applicable
yield type descriptor when completing APH databases. Yield
Floor - For Category B APH
crops, the lowest approved APH yield allowed under APH procedures if insureds
have provided at least one year of acceptable records. Yield
Limitations - Adjustments made
to average APH yields, when applicable, which result in the approved APH
yield (I.E. Yield Adjustment, Yield Floor or Yield Cup). Yield
Type -The yield history is
updated with the applicable type of yield when acceptable production reports
are submitted by the PRD. Yield types include actual yield, applicable
variable T yields, special T yields, temporary yield and zero planted acres. - Z -
Zero Acreage Report - An acreage
report filed by an insured that certifies the insured does not have a share
in the crop for that crop year. |
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