Quarter
- Coverage can be purchased on the producers production up to five quarters into the future.
- In order for a quarter to be available for coverage, there must be interest and trading volume in the underlying future. If there is a lack of interest and volume in any quarter, this will commonly be in the furthest deferred quarters.
- Coverage begins during the 2019 crop year ( July 1 - June 30) with the first quarter of 2019 not available for purchase.
- The Insurance agency labels the quarters 801-808 (link below for detailed calendar and specifics on availability)*
- You can purchase coverage on any one quarter up to the 15th of the month prior to the beginning of that quarter.
- i.e Quarter II of 2019 (Practice 803) can be purchased up to March 15th 2019
- One exception to this is coverage purchased in June 16th-30th, during this period, only four quarterly insurance periods are available
*Link to more in depth look at availability specifics and calendar: RMA Coverage Calendar