On Aug 14, 2008, the FCIC Board conditionally approved additional seed technologies and states for a premium rate
reduction under section 523(d) of the Act for producers who plant certain qualifying hybrids beginning with the 2009 crop year.
The Board’s approval was conditioned upon development of a single unified Biotechnology Endorsement (BE).
The pilot BE replaces the pilot Biotech Yield Endorsement (BYE) for the 2009 through 2011 crop
years and reflects all States, practices, and triple stack technologies eligible to receive a premium rate reduction under the Pilot BE.
PDF files.
2009
Product Management Bulletin: Pilot Biotech Yield Endorsement (BYE) (Nov 26, 2008)
For more information,
contact Virgil Ireland.
The pilot Biotech Yield Endorsement (BYE), available for the 2008 crop year, will allow the producer to receive a premium rate
reduction on non-irrigated corn for grain planted to hybrid varieties of corn that contain specific Monsanto triple-stack genetics.
BYE will be available for non-irrigated corn in all counties in Illinois, Indiana, Iowa, and Minnesota. Producers will
be required to purchase an individual yield or revenue insurance plan (APH, RA, or
CRC) at a
buy-up level of coverage, and plant at least 75 percent of their corn acres on an insured unit to a corn hybrid
containing specific Monsanto triple-stack genetics.
For more information, see our Frequently Asked Questions, or
contact Virgil Ireland.
PDF files.
2008
Program announcement: RMA Approves BYE for 2008 Implementation
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