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Show AAA Sets Deadline For Crop Insurance Spring wheat growers of Cache County have only nine days left ir. which to apply for "all-risk" crop insurance on their 1941 wheat crop, warned Alphonso Christen-sen, Christen-sen, chairman of the county AAA committee, today. The deadline is Friday, February 28, after which date the Federal Crop Insurance Corporation will not accept crop insurance applications. "Crop Insurance is for every wheat grower," says Mr. Christ-ensen, Christ-ensen, who pointed out that the premium rate on insurance merely mere-ly represents an . annual installment install-ment payment per acre toward the cost of crop loss. Over a representative repre-sentative period these payments will balance the losses on the insured in-sured farm. The premium rate is based on the actual or appraised loss experience of the farm over a representative period (14 to 21 years) blended with the loss experience for the county in which the farm is located. Premiums may be paid (1) with actual wheat, by giving the Federal Fed-eral Crop Insurance Corporation a warehouse receipt representing the amount of the premium; (2) by paying cash equivalent of the premium to the corporation; or (3) be executing an advance against future payments to be earned under the programs of the Agricultural Adjustment Administration. Adminis-tration. Al-eady 465 growers of Cache county have insured their harvests for 1941. "The 'all-irisk" policy Insures against all unavoidable crop losses los-ses up to 75 per cent of the normal nor-mal production. However, for a smaller premium a grower may insure for only 50 per cent of his normal yield," explained Mr. Christe risen. |