{"id":2148,"date":"2016-10-26T14:33:44","date_gmt":"2016-10-26T19:33:44","guid":{"rendered":"https:\/\/silveuscropins.com\/?p=2148"},"modified":"2025-02-18T10:49:26","modified_gmt":"2025-02-18T15:49:26","slug":"new-federally-subsidized-coverage-protects-margin-row-crop-farmers","status":"publish","type":"post","link":"https:\/\/silveuscropins.com\/new-federally-subsidized-coverage-protects-margin-row-crop-farmers\/","title":{"rendered":"Margin Protection &#8211; Federally Subsidized Coverage for Row Crop Farmers"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-center fusion-title-text fusion-title-size-one\" style=\"--awb-margin-bottom:-1px;\"><h1 class=\"fusion-title-heading title-heading-center\" style=\"margin:0;\">Margin Protection &#8211; Federally Subsidized Coverage for Row Crop Farmers<\/h1><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"align-self: center;margin-left: auto;margin-right: auto;margin-top:-2px;margin-bottom:50px;width:100%;\"><div class=\"fusion-separator-border sep-single\" style=\"--awb-height:20px;--awb-amount:20px;border-color:#e0dede;border-top-width:1px;\"><\/div><\/div><div class=\"fusion-video fusion-youtube\" style=\"--awb-max-width:600px;--awb-max-height:360px;--awb-align-self:center;--awb-width:100%;--awb-margin-bottom:20px;\"><div class=\"video-shortcode\"><lite-youtube videoid=\"Bn5b6NfSyd0\" class=\"landscape\" params=\"wmode=transparent&autoplay=1&enablejsapi=1\" title=\"YouTube video player 1\" width=\"600\" height=\"360\" data-thumbnail-size=\"auto\"><\/lite-youtube><\/div><\/div><div class=\"fusion-text fusion-text-1\"><p>Margin Protection (MP) is the first crop insurance product subsidized by the Federal Government to protect operating margin. Started in 2016, MP is applicable by county in select states to insure corn and soybeans, wheat, and rice, offering risk protection in exchange for the smallest revenue deductible in all of crop insurance.<\/p>\n<p>In our video, Silveus Insurance Group President <a href=\"https:\/\/silveuscropins.com\/management-team-2\/\">Scott Silveus<\/a> explains: \u201c<a href=\"https:\/\/silveuscropins.com\/margin-protection\/\">Margin Protection<\/a> is a complicated product, but it provides a very simple solution to growers: protect your margin. It sounds a little too good to be true, but you have to remember: this is a subsidized product approved by the USDA\u2019s risk management agency. Also new with MP, farmers who carry two policies for crop risk are awarded the greater of the two payouts according to the policy that pays most.\u201d<\/p>\n<p>Here are the basics: MP is a crop insurance option that protects producers against an unexpected decrease in their operating margin. The coverage is based on an expected margin which is the expected area revenue minus the expected area operating costs, for each applicable crop, type, and practice. MP is area-based coverage and may not necessarily reflect a producer\u2019s individual experience. The price discovery periods for MP corn, soybeans, and wheat begin August 15. The first price discovery period for rice begins December 15.<\/p>\n<p>MP is offered either as a stand-alone policy or in conjunction with a base MPCI policy. If a grower chooses to purchase both MP and a Yield Protection or Revenue Protection policy, the premium for MP will be reduced. The amount of the reduction cannot be known definitively until all information needed to establish liability under the base policy is known. The premium is the maximum amount of premium per acre that could be owed for MP given the estimated market values and assuming no base MPCI policy is purchased.<\/p>\n<p>\u201cThis is a good deal for farmers,\u201d concludes Silveus. \u201cEvery farmer that\u2019s got this policy available needs to take a hard look at it.\u201d<\/p>\n<p>Contact Silveus Insurance Group for more information about MP, or visit the <a href=\"https:\/\/silveuscropins.com\/margin-protection\/\">MP product page<\/a> on our website.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[205],"tags":[150,151,68,149,152,155,156,46,153,143,154],"class_list":["post-2148","post","type-post","status-publish","format-standard","hentry","category-federal-products","tag-coverage","tag-crop","tag-farmers","tag-margin-protection","tag-mp","tag-rice","tag-risk-protection","tag-sig","tag-soybeans","tag-video","tag-wheatr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Margin Protection - Federally Subsidized Coverage for Row Crop Farmers -<\/title>\n<meta name=\"description\" content=\"Learn more about Margin Protection, and how this insurance product can be beneficial for your farming operation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/silveuscropins.com\/new-federally-subsidized-coverage-protects-margin-row-crop-farmers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Margin Protection - Federally Subsidized Coverage for Row Crop Farmers -\" \/>\n<meta property=\"og:description\" content=\"Learn more about Margin Protection, and how this insurance product can be beneficial for your farming operation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/silveuscropins.com\/new-federally-subsidized-coverage-protects-margin-row-crop-farmers\/\" \/>\n<meta property=\"og:site_name\" content=\"Silveus Crop Insurance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SilveusInsuranceGroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-26T19:33:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-18T15:49:26+00:00\" \/>\n<meta name=\"author\" content=\"Daniel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Daniel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/silveuscropins.com\/new-federally-subsidized-coverage-protects-margin-row-crop-farmers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/silveuscropins.com\/new-federally-subsidized-coverage-protects-margin-row-crop-farmers\/\"},\"author\":{\"name\":\"Daniel\",\"@id\":\"https:\/\/silveuscropins.com\/#\/schema\/person\/cfbabb11bec50c6e003451bcb76fe7a8\"},\"headline\":\"Margin Protection &#8211; 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