Drought damage is an insurable loss under multiple peril crop insurance, which covers nearly 90 percent of the corn and soybean acres in Iowa.  Producers should consult with their crop insurance agents before harvesting or destroying any drought-damaged crops. 

The Risk Management Agency (USDA) has some specific rules about early planted crops with regard to crop insurance coverage. For each insurable crop RMA has set an “early planting date.” Acres planted before these dates are no longer eligible for replant coverage payments should it be necessary to replant them.

Ag Decision Maker has a leasing Web page that is a portal to all Iowa State resources on improving farm lease contracts. The tools and information files will be helpful as landlords and tenants negotiate lease rates and conditions after harvest and into the winter .

Iowa State University Extension will offer a workshop at Letts, Iowa, on owning, leasing and renting farm equipment, and strategies for sharing machinery and labor in farming operations.