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CORN SALVAGE BENEFIT FOR DON IN 2018

on December 27 | in Ag News | by | with Comments Off on CORN SALVAGE BENEFIT FOR DON IN 2018

From Agricorp

The corn salvage benefit for 2018 covers cases where DON (deoxynivalenol) levels in harvested corn exceed five parts per million (5 ppm). The benefit is designed to help producers cover costs to harvest and then market, use as feed or find an alternative use for damaged corn.

While considering how the salvage benefit will work for individual situations, producers need to understand their claim positions and marketing options. For more, visit the Agricorp website.

How the salvage benefit works for DON-affected corn

For the 2018 crop, the corn salvage benefit will apply to harvested corn with DON levels over 5 ppm. The combined sum of bushels under 5 ppm and bushels covered by the salvage benefit cannot exceed a customer’s guaranteed production.

Customers will be paid $0.79 per eligible bushel to cover the extraordinary costs of corn with DON levels over 5 ppm.

To be eligible, customers must have supporting documentation, including weigh slips and DON level tests, and will be paid once their yield is finalized.

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