Commodity Type Clause Samples

Commodity Type. A specific subcategory of a citrus fruit commodity having a char- acteristic or set of characteristics distin- guishable from other subcategories of the same citrus fruit commodity. Crop year. The period beginning with the date insurance attaches to the insured crop and extending through the normal harvest time. It is designated by the calendar year following the year in which the bloom is nor- mally set. Direct marketing. Sale of the insured crop directly to consumers without the interven- tion of an intermediary such as a wholesaler, retailer, packer, processor, shipper, or buyer. Examples of direct marketing include selling through an on-farm or roadside stand, farm- er’s market, and permitting the general pub- lic to enter the field for the purpose of pick- ing all or a portion of the insured crop. Excess rain. An amount of precipitation that damages the insured crop. Excess ind. A natural movement of air that has sustained speeds exceeding 58 miles per hour (50 knots) recorded at the weather reporting station (U.S. National Weather Service reporting station or any other weather reporting station identified in the

Commodity Type. Contract Quantity: MMBtu.