MULTI-PERIL
Pecan Revenue
For pecan acreage to be insured, the trees must be grown in an orchard that is a minimum of one contiguous acre. Insurable trees must have produced a minimum of 600 lbs of in-shell pecans per acre in at least one of the previous four crop years, except that some states may allow a lower minimum production amount for native pecan trees through the special provisions. All pecan acreage (in which there is a share) in the county where insured pecans are grown for harvest must also be insured.
Insurance Period
Pecan insurance is available in only two-year modules. Insured must stay in the program for at least two consecutive years. Coverage begins on 2/1. Policies automatically renew at the end of each two-year coverage module unless the producer notifies the agent in writing of the desire to cancel coverage (by 1/31 cancellation date). Premiums are subsidized by the federal government.
Revenue-to-count is determined using the price you receive for your pecans.
Enterprise units are available, spreading the risk over your entire fauming operation, allowing producers a lower premiun rate.
Coverage
Levels: 50 – 85% (in 5% increments)
Premium Subsidy
67% | 64% | 59% | 55% |
---|---|---|---|
BU & OU | BU & OU | BU & OU | BU & OU |
50% Coverage |
55-60% Coverage |
65-70% Coverage |
75% Coverage |
For general Hudson Crop policy questions, please call
(866) 450-1445.