Spring Wheat Quality Factor Sample Clauses

Spring Wheat Quality Factor. The spring wheat quality factor adjusts for lower grades to compensate for lower prices resulting from poor quality wheat, where the lower quality is caused by an insured peril. It is based on historical price differences among various grades of spring wheat. For claim purposes, the actual yield for spring wheat that is feed grade is factored downward by an amount set out in the applicable Production Insurance Documents. The unadjusted actual yield is used to update the Insured's average farm yield. To offset the cost of providing this benefit, a deduction is made to the guaranteed production.
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Related to Spring Wheat Quality Factor

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