Initial Plant Date: If the crop is planted before this date there is no replant coverage provided. However, the crop will still be insured with no reduction in coverage or adjustment to premium.
Final Plant Date: If the crop is planted after this date there will be a reduction in coverage of 1% per day throughout the late-planting period. A crop planted after the end of the late-planting period will be insured at the Prevented-Planting coverage level.
Late-Planting Period: A period of time after the final plant date in which the insured can still plant the crop but coverage will be reduced. The length of the late-planting period varies by crop. In most cases it is as follows:
Corn: 20 days Grain Sorghum:25 days Soybeans: 25 days Wheat: 15 days
Information presented is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. No representations are made by Barchart as to its informational accuracy or completeness.