Agricultural and Food Policy
 Agri Outlook Radio
Number 196
Policy: Part 2 of 8 - 2008 Federal Crop Insurance and Noninsured Disaster Assistance (NAP) Program
requirements to be eligible for 4 of the 5 New Supplemental Agricultural Disaster Assistance Farm Bill
Programs (2:15 minutes)
Audio/Video Script:
Robert Coats, Ph.D.
Extension Economist and Professor
University of Arkansas, Division of Agriculture
The 2008 Federal Crop Insurance and
Noninsured Disaster Assistance (NAP) Program requirements
to be eligible for 4 of the 5 New Supplemental Agricultural Disaster Assistance
Farm Bill Programs are as follow:
- For all 2008 Arkansas crops the sales closing date for
Federal Crop Insurance and Noninsured Disaster Assistance
(NAP) Programs has passed.
- Since the 2008 fiscal year began in October of 2007 and the
farm bill was not passed into law until June of 2008, a special waiver
has been granted to allow farm producers the opportunity to pay a buy-in
fee of $100.00 per crop to meet insurance requirement.
- The deadline to pay the buy-in fee is September 16, 2008.
- Paying of the buy-in fee does NOT allow coverage in the
Federal Crop Insurance or Non-Insured Disaster Assistance Programs.
- The 2008 buy-in fees will be paid at a producer’s local FSA
office for both Federal Crop Insurance and Non-Insured Disaster Assistance crops. The maximum fees a
producer will be required to pay is $300.00 per county for Federal Crop
Insurance crops and $300.00 per county for Non-Insured Disaster Assistance crops. A producer’s
maximum for all counties for Federal Crop Insurance is $900.00 and for
Non-Insured Disaster Assistance is $900.
This has been Robert Coats Extension Economist University of Arkansas
Division of Agriculture.
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