Ohio Corn & Wheat is excited to announce that efforts for Ohio to receive a Malt Barley Endorsement (MBE) have been successful. We are pleased to share that the Malt Barley Endorsement was voted on, and approved, by the Federal Crop Insurance Corporation to include 35 counties in the state of Ohio. Eligibility begins starting with the 2020-2021 crop.
Counties included in the Malt Barley Endorsement include: Allen, Butler, Champaign, Columbiana, Crawford, Darke, Defiance, Delaware, Erie, Fairfield, Fayette, Fulton, Hancock, Hardin, Henry, Knox, Licking, Lorain, Lucas, Madison, Mahoning, Marion, Miami, Ottawa, Pickaway, Preble, Putnum, Ross, Sandusky, Shelby, Trumbull, Union, Wayne, Wood, and Wyandot.
The Malt Barley Endorsement provides additional quality protection (based on the specifications from malting barley contracts or special provisions if insuring under a malting barley price agreement) for malting barley acreage that is insured under the Small Grains Crop Provisions.? MBE incorporates projected and harvest prices based on malting barley contracts versus using projected and harvest prices from the Commodity Exchange Price Provisions.? ? Continue reading