Economic Impact of Delayed and Prevented Planting

June 10, 2008
ICM News

By William Edwards, Department of Economics

Most crop producers know that to achieve optimum yields it is important to plant early. However, in years like this when cold weather or frequent rains prevented tillage and planting from being completed, some adjustments may be made to the amount of coverage provided by Multiple Peril Crop Insurance (MPCI) as well as other types of crop insurance. These adjustments are subject to revision each year by the Risk Management Agency and crop insurance vendors.

There are a few tools available to help Midwest crop producers make the tough decisions on delayed and prevented planting.

The first is my Delayed and Prevented Planting publication. On the ISU Extension Ag Decision Maker site there is an interactive online Excel spreadsheet that allows you to calculate the impact on your operation.

In addition, the University of Illinois farm business management experts have pulled together some additional tools to aid Midwest crop producers.

William Edwards is a professor of economics with extension responsibilities in farm business management.


Links to this article are strongly encouraged, and this article may be republished without further permission if published as written and if credit is given to the author, Integrated Crop Management News, and Iowa State University Extension and Outreach. If this article is to be used in any other manner, permission from the author is required. This article was originally published on June 10, 2008. The information contained within may not be the most current and accurate depending on when it is accessed.