Hybrid Specialty Seed (HSS)
Overview
The Hybrid Specialty Seed (HSS) Program is pilot program (formerly called Hybrid Sweet Corn Seed Crop (0093)) for the 2021+ Reinsurance Years to provide coverage to producers of Hybrid Sweet Corn Seed (0093) and Hybrid Popcorn Seed (0034) under the Yield-Based Dollar Amount Plan of Insurance (0055).
About this program
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For HSS, the total planted acres of female and male parent plants for the production of a HSS crop are insurable; however, only the production from female parent plants is insurable. |
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Acreage must be irrigated and adhere to standard planting. |
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A Hybrid Specialty Seed coverage requires that a contract is attached to the coverage to determine price. |
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The insured may insure any of the insured crop that is contracted with different seed companies under separate policies with different insurance providers if (a) The insured insures all acreage of the insured crop in the county and (b) The insured agrees to pay separate administrative fees for each insurance policy. |
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Coverage is available in 5 percent increments from 50 percent to 75 percent. CAT coverage is available. |
Consult the actuarial documents for Hybrid Specialty Seed (Hybrid Sweet Corn Seed (0093) and Hybrid Popcorn Seed (0034)) availability and Sales Closing Dates by state/county/crop. View the 2021 Crop Provisions (RMA PDF) and 2021 Handbook (Feb 2021 RMA PDF).
Important Points about this Program
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Written Agreements are not allowed with Hybrid Specialty Seed coverages. |
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Only basic units are allowed. No more than one basic unit for all production contacted with each processor contract or contract addenda. |
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The Hybrid Seed Price Endorsement does not apply to the HSS pilot program. |
Changes you'll notice in the System
When a policy contains a crop type of either Hybrid Sweet Corn Seed (0093) and Hybrid Popcorn Seed (0034), the System will display certain elements on the user interface.
On the Utilities Tab
When a policy contains a crop type of either Hybrid Sweet Corn Seed (0093) and Hybrid Popcorn Seed (0034), the Add Contract link displays on the Utilities tab of a policy. Click Add Contract to add the necessary contracts needed to insure a Hybrid Specialty Seed acreage.
On the Add new/maintain/View contract Pages
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When adding or editing a contract for Hybrid Sweet Corn Seed or Hybrid Popcorn Seed, after opening the Contracts page (from the Utilities tab for a new contract or from within the Coverage tab for an exciting contract, all available Hybrid Specialty Seed coverages are available from the Coverage Select List dropdown. |
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For both Hybrid Specialty Seed crops, the required Contract Value field displays a note: "This is the total compensation specified in the seed processor contract or the stated seed contract value." |
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When the selected coverage is Hybrid Popcorn Seed (0334) or Hybrid Sweet Corn Seed (0093), a field displays for Minimum Payment. |
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Contract Price is required. This is the price per pound of clean conditioned specialty seed stipulated on the hybrid specialty seed processor contract without regard to discounts or incentives. The Contract Price will be the basis for calculating the guarantee and the production to count. |
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An Expected Yield field displays. This is the expected, historic, or average yield listed in the Seed Processor Contract.
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Since Written Agreements are not allowed with this program on the Add New Policy & Add New Coverage pages, the Written Agreement checkbox is hidden when the selected coverage falls under Hybrid Specialty Seed. |