​GRP is a bushel based plan using county averages to determine if an indemnity is paid. Various levels can be chosen, based on a county expected yield, and once county results are available (usually 4 – 6 months after harvest), losses if any are paid to GRP plan participants. Individual producers have no guarantee for their operation, and must sign a disclaimer form to that effect. Also, GRP does not cover replant or prevented planting losses. You could have a total loss, yet with the county reaching its expected level, you would receive nothing under a GRP plan. However, you may have a normal crop, and receive a GRP loss payment if the county falls below the expected level chosen. Depending on amount of protection purchased, GRP is usually similar in cost to Yield Protection (YP).

​GRIP is a county or area revenue plan that is based on county yields and Harvest Prices. An expected revenue is set for the county on a per acre basis. Participants can purchase a larger amount of protection with GRIP than any other coverage. However, unless the county income falls below the guaranteed trigger level based on the ending fall price, and county yield (determined within 4-6 months after harvest), no indemnity is paid. Like GRP, GRIP does not cover replant cost or prevented planting losses. A disclaimer form must be signed acknowledging that the individual farm operation has no guarantee for its production or revenue. GRIP may fit very large producers with above average production and minimal variance in their yields over time.

​Farm Credit offers several hail insurance plans to protect growing crops from loss due to hail, fire, and vandalism.  Coverage also includes farm-stored grain after harvest.  Plans range from full coverage to special companion plans designed to fit different accompanying levels of MPCI crop insurance.  Ask about special hail options to cover wind and replanting expenses.  You also can link your hail coverage to MPCI policies for acreage reporting purposes.  This saves time and locks in coverage before planting.

Farm Credit is able to arrange crop insurance through different insurance companies. Some offer add-on protection which increases the revenue guarantee, or replant protection, or some other coverage enhancement. These add-on’s are usually privately reinsured and may change from one year to the next. FCS crop insurance specialists can provide you with information about these and all of the various forms of crop insurance protection for your farm operation.