Average Yield. An Insured’s average yield for a crop type is based on the average of the yield records AFSC has recorded for the crop. Yield records are gathered in different ways, including:
Appears in 22 contracts
Samples: Insuring Agreement, Grain Corn Insuring Agreement, Insuring Agreement
Average Yield. An Insured’s average yield for a crop type is based on the average of the yield records AFSC has recorded for the crop. Yield records are gathered in different ways, including:on Harvested Production Reports (HPR) provided by the Insured.
Appears in 2 contracts
Samples: Initiative Insuring Agreement, Initiative Insuring Agreement
Average Yield. An Insured’s average yield for a crop type is based on the average of the yield records AFSC has recorded for the crop. Yield records are gathered on Harvested Production Reports (HPR) provided by the Insured. One-year lag: Actual yields are not available immediately for use as it takes time to gather and verify information. Yields produced and reported in different ways, includingthe current year will not be available to calculate Coverage for the following year; it will first be used to set Coverage the second year. Rules for yield records use:
Appears in 1 contract
Samples: Initiative Insuring Agreement
