COMMON GROUND BLOG

Find trends and outlooks, education and more on financing rural America from Farm Credit Services of America.

More Content

New in 2019: Multi-county Enterprise Unit

Farmers now can choose to combine acreage of an insured crop across county lines into a Multi-county Enterprise Unit Endorsement (MCEU). This allows farmers to qualify for the better EU premium rate on land that wasn’t eligible for an EU in the past.

The basics:

  • One county must qualify independently for EU; the other county must not qualify.
  • The land in the combined EU must all have the same elections (insurance plan, coverage level and practice, such as irrigated or nonirrigated).
  • The MCEU doesn’t combine the county crop policies – only all insured acreage of the crop/practice. Separate applications and policies are required for each county.
  • APH yields for each county are not impacted.
  • Premium, guarantee and liability will be calculated separately for each county based on the acres and actuarial documents for that county. But the EU premium discount will be determined by using the total acres in the MCEU.

Don’t wait until the last minute to look into this new option.

Your Farm Credit Services of America crop insurance team has been trained to understand the rules involved. We are ready to help you assess whether the new MCEU would be advantageous to your operation.

Call your local FCSAmerica office or 800-884-FARM for help with this decision today.

COMMENTS

Load more comments
Your comment has been received and is being reviewed.
avatar

Comments are moderated and reviewed before they are posted on the site. View our terms of use.

YOU MIGHT BE
INTERESTED IN

Jul 16, 2019 | Crop Insurance

Painfully Slow Crop Progress

With planting finally ended, producers now face a waiting game, with crop progress well behind normal and weather not entirely cooperating.

Jan 27, 2021 | Crop Insurance

Drones Speed Crop Insurance Audits

When you select a crop insurance agency, you are choosing an entire team of companies to support your operation.

Jan 21, 2020 | Crop Insurance

Indemnity Payments for 2019 - A Measure of Crop Insurance's Value

"This gives you an idea how important crop insurance can be in helping producers meet their obilgations." Tony Jesina - FCSAmerica SVP for insurance

Ready to Talk?

Contact us if you have questions or need more information. Fill out the form, or connect with your local office using the Office Locator.

FCSAmerica serves farmers, ranchers, agribusinesses and rural residents in Iowa, Nebraska, South Dakota and Wyoming. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.