Purpose
- Greenfeed insurance provides producers who grow annual crops for greenfeed with coverage for losses due to natural perils.
Eligibility
- Greenfeed insurance covers specific annual crops for the purpose of being cut, baled, or silaged for livestock feed, grown separately or in combination, and allows for up to 20 per cent of the seed blend to be made up of crops not listed below.
- Annual crops eligible for greenfeed insurance include:
- oats
- barley
- mixed grain
- wheat
- rye
- field peas
- triticale
- millet
- sorghum
- sudan grass
- March 31 is the last day to apply for greenfeed insurance, make changes to the AgriInsurance contract (add or delete crops and change coverage levels), or to cancel AgriInsurance.
- The crop must be indicated as greenfeed on the Seeded Acreage Report. Producers must file a Seeded Acreage Report by June 30.
Coverage
- Greenfeed probable yields are based on historical yields from the most recent years, with a two-year lag (for , it is from to ) at per cent moisture content.
- Greenfeed probable yields are adjusted using the Individual Productivity Index (IPI) method.
- Producers may select one of the three coverage levels: , , or per cent of probable yield.
- The grade guarantee is a minimum of .
- Full coverage is available for crops sown by June 20. An extended coverage seeding period is available for greenfeed sown between June 21 to July 15. Greenfeed sown during the extended coverage seeding period will have coverage reduced by 20 per cent, and a Seeded Acreage Report must be submitted by July 31 for greenfeed sown during the extended coverage period.