** The information below is from Ginger Harris, Sr. Insurance Specialist,
AgCountry Farm Credit Services
The 2019 wheat crop is proving to be a challenge for our area. The Special Provisions have many details on how claims and discounts will be handled. I have summarized the falling numbers discounts below. This summary is not inclusive of all of the fine print and details or additional discount factors that may apply, such as test weight under 50 or vomitoxin over 2.0 ppm. My focus is on falling numbers because that seems to be the largest issue at this time.
As always, keep your production records separate by section (even if you have enterprise units) and keep samples by section. If you are delivering to an elevator, ask that they put together and save a sample for each section (a blend from each load from the section) so that you can have a federal grain inspection test on each section. If you are storing on your farm and need to commingle sections, the adjuster will pull a sample for each storage structure. The test done for each bin will apply to the sections that are commingled in that bin, so keep good records. If you have some very low falling numbers, do your best to keep them in a separate bin if other fields have good falling numbers.
If your falling numbers range from 299 to 200 there is a table for what the discount factor will be. The falling numbers test needs to be done by a federal grain inspector.
Source: AgCountry Farm Credit Services