Crop Year

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Crop Year

1. In agricultural commodities, the period of time between two harvests. For many crops, this approximates a calendar year but some may have two crop years each calendar year. Due to weather and other conditions, the quality of the commodity may vary by crop year and thus affect pricing. Examples of commodities with crop years include corn, rice, and wheat.

2. In crop insurance, the fiscal year in which claims are processed. This is used in bookkeeping simply to keep as many claims and payments as possible in the same fiscal year. This is particularly important because crop insurance claims tend to be made around the same time, that is, following a bad harvest.
References in periodicals archive ?
In the past two crop years, we had a supply build up at the end of the crop year which is good for about 5 months.
5 million tonnes (old and new crop years combined).
hybrids of different genotypes (LO = normal, linoleic acid, HO = high oleic acid) was examined in two different crop years (2012 and 2013) in Eastern Hungary (North latitude: 47o5' East longitude: 21o4') on calcareous chernozem soil.
The spatial accuracy of the generated mappings was evaluated using the overall accuracy (OA), Kappa agreement index (KI), Omission Errors (OE) and Inclusion Errors (IE) (Congalton, 1991), taking as reference the maps of the Canasat project in the crop years from 2010/2011 to 2013/2014, made by the INPE (Rudorff et al.
In each of the last three full crop years, including during the extraordinary winter and crop of 2013-14, CP moved record volumes of grain.
The experiments were conducted during the 2010/2011 and 2011/2012 crop years, at an experimental Farm of the IF Goias Campus Ceres, located in the city of Ceres, Goias, Brazil.
Two experiments were carried out during the crop years of 2009/10 and 2010/11 at the Experimental Farm of the State University of Sao Paulo (Unesp) on its campus of Jaboticabal, state of Sao Paulo, Brazil (latitude of 21[degrees] 15' 17" S, longitude of 48[degrees] 19' 20" W and a mean altitude of 575 m above sea level).
Even then, output is still anticipated to be higher than the previous crop years 2.
These commodity provisions will last for the 2014-2018 crop years.
Barth added that the recession in the hop market until 2005 was followed by an unprecedented boom on the spot markets in crop years 2006 to 2008.