A period of time (in year) within which the crop is normally grown and designated by the calendar year in which the crop is normally harvested. For crops: - Harvested over 2 calendar years, the crop year is the calendar year in which the majority of the crop would have been harvested.
- Grown over more than 2 calendar years, each year in the growing period will be considered as a separate crop year designated by the calendar year in which the crop sustained a loss.
- For which CAT coverage is available, the crop year will be as defined by such coverage.
Risk Management Agency's regulations define Crop Year as the period within which the insured crop is normally grown, regardless of whether or not it is actually grown, and designated by the calendar year in which the insured crop is normally harvested, unless otherwise specified in the Crop Provisions. |