Unseeded Acreage Premium Example
Below is an example to show what acres is (Unseeded Acreage) USA premium charged on. USA premium is charged on all normally seeded annual crop acres that are eligible for USA coverage. Biannual, perennial, or triennial acres are not eligible for USA coverage, and therefore are not included in the USA premium calculation.
Cultivated Acres
Total Farm Cultivated Acres | 1000 |
---|---|
Forage Acres (Alfalfa/Grass) | 200 |
Annual Crop Acres (HRSW) | 300 |
Annual Crop Acres (Canola) | 400 |
Acres Too-Wet-To-Seed | 100 |
Total Annual Crop Acres | 300+400+100=800 |
4 Year Average Seeding Intensity | 90% |
Normally Seeded Acres | 800 x 90% = 720 |
USA Premium Per Acre | $0.67 |
Total USA Premium | $0.67 x 720 = $482.40 |