The fresh market tomato (dollar plan) crop insurance provisions for the 2024 and succeeding crop years are as follows:
FCIC Policies
Department of Agriculture
FEDERAL CROP INSURANCE CORPORATION
Reinsured Policies
(APPROPRIATE TITLE FOR INSURANCE PROVIDER)
Both FCIC and Reinsured Policies
Fresh market tomato (dollar plan) crop provisions
Acre. 43,560 square feet of planted acreage when row widths do not exceed six feet. If row widths exceed six feet, the land area on which at least 7,260 linear feet of rows are planted.
Allowable cost. The dollar amount per carton for harvesting, packing, and handling as stated in the actuarial documents.
Amount of insurance per acre. The dollar amount of insurance per acre obtained by multiplying the reference maximum dollar amount shown in the actuarial documents by the coverage level percentage you elect.
Carton. Twenty-five (25) pounds of the insured crop.
Crop year. In lieu of the definition contained in the Basic Provisions (§ 457.8 ), crop year is a period of time that begins on the first day of the earliest planting period for fall planted tomatoes and continues through the last day of the insurance period for spring planted tomatoes. The crop year is designated by the calendar year in which spring planted tomatoes are harvested.
Direct marketing. In addition to the definition contained in section 1 of the Basic Provisions, the sale of the insured crop directly to consumers without the intervention of an intermediary including a registered handler.
Excess rain. An amount of precipitation sufficient to directly damage the crop.
Freeze. The formation of ice in the cells of the plant or its fruit, caused by low air temperatures.
Fresh market tomatoes. Field grown mature green or ripe fresh market tomatoes that meet the Agricultural Marketing Service United States Standards for Grades of Fresh Tomatoes; and the applicable Federal Marketing Order and Florida Tomato Committee Regulations, or their successors.
Harvest. The picking of fresh market tomatoes from the plants, excluding tomatoes salvaged by penhookers.
Mature green tomato. A tomato that:
Minimum value. The dollar amount per carton shown in the actuarial documents we will use to value appraised and unsold harvested production to count.
Penhookers. Individuals who purchase the right to salvage tomatoes remaining in the field after commercial harvests are completed.
Plant stand. The number of live plants per acre prior to the occurrence of an insured cause of loss.
Planting period. The period of time designated in the actuarial documents in which the tomatoes must be planted to be considered fall, winter or spring-planted tomatoes.
Potential production. The number of cartons of field grown mature green or ripe fresh market tomatoes that the tomato plants will or would have produced per acre assuming normal growing conditions and practices by the end of the insurance period.
Price received. The gross dollar amount per carton received by the producer before deductions of allowable costs.
Registered handler. A person or entity officially certified by the Florida Tomato Committee, or successor entity, to inspect and enforce all the handling regulations for fresh market tomatoes, and report the required packout data to the Florida Tomato Committee.
Ripe tomato. A tomato that has a definite break in color from green to tannish-yellow, pink or red.
Row width. The widest distance from the center of one row of plants to the center of an adjacent row of plants.
Tropical depression. A system identified by the U.S. Weather Service as a tropical depression, and for the period of time so designated, including tropical storms, gales, and hurricanes.
Stage | Percent of the amount of insurance per acre that you selected | Length of time if transplanted |
1 | 50 | From planting through the 29th day after planting. |
2 | 75 | From the 30th day after planting until the beginning of stage 3. |
3 | 90 | From the 60th day after planting until the beginning of the final stage. |
Final | 100 | Begins the earlier of 75 days after planting, or the beginning of harvest. |
In accordance with section 4 of the Basic Provisions, the contract change date is April 30 preceding the cancellation date.
In accordance with section 2 of the Basic Provisions, the cancellation and termination dates are July 31.
In addition to the requirements of section 6 of the Basic Provisions, you must report on or before the acreage reporting date contained in the Special Provisions for each planting period:
In lieu of the premium amount determinations contained in section 7 of the Basic Provisions, the annual premium amount for each cultural practice (e.g., fall transplanted irrigated) is determined by multiplying the final stage amount of insurance per acre by the premium rate for the cultural practice as established in the actuarial documents, by the insured acreage, by your share at the time coverage begins, and by any applicable premium adjustment factors contained in the actuarial documents.
In accordance with section 8 of the Basic Provisions, the crop insured will be all the field grown mature green or ripe fresh market tomato types in the county as specified in the Special Provisions for which a premium rate is provided in the actuarial documents:
In lieu of section 11 of the Basic Provisions, coverage begins on each unit or part of a unit the later of the date we accept your application, or when the tomatoes are planted in each planting period. Coverage ends on each unit at the earliest of:
In addition to the requirements contained in section 14 of the Basic Provisions, if you intend to claim an indemnity on any unit you must also give us notice not later than 72 hours after the earliest of:
For Example: You have a 100 percent share in 10.0 acres of fresh market tomatoes. You select a 70% coverage level of the reference maximum dollar amount of $7,500 per acre. The average price received is $10.00 per carton of tomatoes. Allowable costs are $4.25 per carton. Minimum value is $5.00 per carton. Your total sold production is 5,000 cartons (5,000 ÷ 10.0 = 500 cartons per acre) and you have an additional 1,000 cartons of unsold harvested production (1,000 ÷ 10.0 = 100 cartons per acre). Your loss occurred in the final stage of production. Your total indemnity is calculated as follows: | ||
$7,500 * 70% = dollar amount of insurance per acre | $5,250 | |
14(c)(3) | 500 cartons * $5.75 = value of sold production ($10 selling price minus $4.25 allowable cost) | 2,875 |
14(c)(4) | 100 cartons of unsold harvested production * $5 minimum value per carton | + 500 |
Total value of production to count | 3,375 | |
14(b)(5) | Indemnity per acre = ($5,250 - $3,375) * 100% share | 1,875 |
$1,875 * 10.0 acres = $18,750 total indemnity payment | 18,750 |
The late and prevented planting provisions of the Basic Provisions are not applicable.
Example with Minimum Value Option: You have a 100 percent share in 10.0 acres of fresh market tomatoes. You select a 70% coverage level of the reference maximum dollar amount of $7,500 per acre. The average price received is $6.00 per carton of tomatoes. Allowable costs are $4.25 per carton. Minimum value is $5.00 per carton. The Minimum Value Option price is $2.00 per carton. Your total sold production is 5,000 cartons (5,000 ÷ 10.0 = 500 cartons per acre) and you have an additional 1,000 cartons of unsold harvested production (1,000 ÷ 10.0 = 100 cartons per acre). Your loss occurred in the final stage of production. Your total indemnity is calculated as follows: | ||
$7,500 * 70% = dollar amount of insurance per acre | $5,250 | |
16(b)(1) | 500 cartons * $2 = value of sold production ($6 price received minus $4.25 allowable costs = $1.75. The $2.00 minimum value option price is greater than $1.75) | 1,000 |
16(b)(2) | 100 cartons of unsold harvested production * $5 minimum value per carton | 500 |
Total value of production to count | 1,500 | |
16(b) | Indemnity per acre = $5,250 - $1,500 = $3,750 * 100% share | 3,750 |
$3,750 * 10.0 acres = $37,500 total indemnity payment | 37,500 |
7 C.F.R. §457.139