Insurance
Risk Management Services to Protect Your Investment and Profit
Multi-Peril Crop Insurance (MPCI) policies are a risk management tool available to agricultural producers. Producers should consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome each crop year. Farm Credit Services of Mandan has 14 Insurance Representatives with over 200 combined years of experience willing to assist you in developing a management plan that works for your operation.
Crop-Hail is a non-subsidized crop insurance program. It gives supplemental, acre-by-acre protection to reflect the actual cash value of the crop, covering the gaps that an MPCI policy does not cover. Producers can choose the crop, acreage, and guarantee level that works best for their operation.
Crop-Hail is a non-subsidized crop insurance program. It gives supplemental, acre-by-acre protection to reflect the actual cash value of the crop, covering the gaps that an MPCI policy does not cover. Producers can choose the crop, acreage, and guarantee level that works best for their operation.
Forage and Rainfall Insurance protect different types of forage and/or pasture. Depending on the type of insurance, you may protect for production losses or for lack of rainfall.
Livestock Risk Protection (LRP) is designed to insure against declining market prices. Livestock Policies (excluding lambs) are based on the pricing of certain futures contracts for the applicable livestock and/or the cost of feed. Prices and coverage availability are announced by RMA daily, Monday-Friday (excluding Federal holidays).
Livestock Risk Protection (LRP) is designed to insure against declining market prices. Livestock Policies (excluding lambs) are based on the pricing of certain futures contracts for the applicable livestock and/or the cost of feed. Prices and coverage availability are announced by RMA daily, Monday-Friday (excluding Federal holidays).
Term Life and Disability Insurance is available to current and existing FCSM loan customers. Coverage will continue for the life of the policy, even after your loan is paid in full.
Crop Insurance Deadlines
| MPCI Sales Closing* | March 15 |
| Spring Acreage Reporting | July 15 |
| Forage/Rye Sales Closing* | September 30 |
| Forage/Rye Acreage Reporting | November 15 |
| PRF Rainfall Sales Closing* | November 15 |
| PRF Acreage Reporting | November 15 |
*Sales Closing: Applications, Changes, and Cancellations
Loss Reporting Deadlines
| Corn Silage, Dry Peas | September 30 |
| Forage | October 15 |
| Barley, Flax, Oats, Rye, Wheat | October 31 |
| Canola, Dry Beans, Mustard, Safflower | October 31 |
| Sunflowers | November 30 |
| Corn Grain, Soybeans | December 10 |
Latest News
New Online Banking Features
Farm Credit Services of Mandan is announcing an update to our online banking (OLB) service, called My FCSM Access, beginning Oct.13, 2020. 1. Current users do not need to re-enroll. The customer account, bank accounts, and transfers that are currently in OLB will all be converted over to the new OLB (Architect). After the conversion, you will be prompted to reset your security questions. When...
FCSM Fall Newsletter – online link
What's Inside: FCSMfallnewsletter20 Keeping The Piece Workshops - postponed FFA Handbooks Donation Fall Bin Safety and Grain Bin Rescue Donation Fall Crop and Forage Insurance Updates Director Election Results Farm Transition Strategies Employee News Online Banking - new features added
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