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CFAP & Bins Question
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Art Vandelay
Posted 7/1/2020 10:59 (#8347406)
Subject: CFAP & Bins Question


I'll use some round numbers for an example to detail the situation I'm trying to decipher.

I filled a bin with all my 2019 corn. I estimated it at 100k bu (no adjuster measured it, my estimate). That's what I turned into crop insurance.

I emptied the bin and there was only 96k bu. But I failed to contact my insurance man to update the bushels and now it's too late to do so.

Do I use 96 or 100k on my CFAP total 2019 production number? Isn't there a tolerance on stored bushels (maybe 5%) that you can be off and you don't need to correct with your crop insurance?

Thanks,
Art
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