Frequently Asked Questions

Q: Which states will qualify? A: The program is available in Minnesota, Iowa, Illinois, Indiana, Wisconsin, Michigan, Ohio, South Dakota, Missouri, Nebraska and Kansas on qualifying insured non-irrigated corn for grain acres. It is also available for qualifying insured irrigated corn for grain acres in Nebraska and Kansas.

Q: Which types of insurance policies qualify?A: An Actual Production History (APH), Crop Revenue Coverage (CRC) or Revenue Assurance (RA) plan of insurance that provides coverage for corn for grain on eligible acres qualifies for this program.

Q: How and when do I sign up?A: Farmer should speak with their insurance representative regarding information and details related to sign-up and qualifications. The final required documentation will be due at the time they provide their acreage reproting information.

Q: Which insurance companies will offer the 2009 program?A: All approved insurance providers (AIP) and their representing agents will have the opportunity to offer this program. See your agent for specific availability.

Q: Which products are approved for the BYE?A: All hybrids containing YieldGard Plus with Roundup Ready Corn 2 or YieldGard VT Triple or YieldGard Vt Triple PRO will qualify.

Q: What do I plant to qualify?A: In 2009, qualifying insured non-irrigated corn for grain acres are eligible in all approved states. Qualifying insured irrigated corn for grain acres are eligible in only Kansas and Nebraska. Plant at least 75 percent of your total non-irrigated and/or irrigated acres (in Kansas and Nebraska) corn for grain acreage at the insured unit level with YieldGard VT Triple, YieldGard VT Triple PRO or YieldGard Plus with Roundup Ready Corn 2 hybrids.

Q: How much is the discount?A: While there are a number of variables that are grower-specific, the average total cost of a policy premium for the 2008 BYE Pilot was reduced by more than $3 per acre on insured acres purchasing APH, CRC or RA policies.

Q: Why did Monsanto do this?A: As a company 100 percent focused on agriculture, Monsanto has spent two years working on behalf of the American farmer to develop what is now the Biotech Yield Endorsement. The development of the BYE by Monsanto supports Monsanto's commitment to the American farmer to deliver biotechnology and products that consistently provide reduced risk, better yields and more value.