The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with the Crop Provisions for the following crops: barley, canola (including rapeseed), corn, cotton, grain sorghum, rice, soybeans, sunflowers, and wheat.
In accordance with section 1 of either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, the CEPP specifies how and when the projected and harvest price components will be determined by crop. There are two sections contained in the CEPP:
- Section I: General Information. This section contains information relevant for all applicable crops, including definitions and common policy material.
- Section II: Price Definitions. This section contains crop-specific projected and harvest price definitions and specifications, including commodity exchanges, contracts, and discovery periods.
For CEPP documents that are not updated, the prior year's documents carry to the current year.
2024
The most current pricing methodologies are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
- CEPP Section I - General Information (24-CEPP-1) (Jun 2023)
- CEPP Section II: Crop-Specific Price Definitions
- Barley (Jun 2023)
- Canola (Jun 2023)
- Corn (Jun 2023)
- Cotton (Jun 2023)
- Grain Sorghum (Jun 2023)
- Oats (Jun 2023)
- Peanuts (Dec 2020)
- Rice (Jun 2023)
- Rye (Jun 2023)
- Soybeans (Jun 2023)
- Sunflowers (Jun 2023)
- Weaned Calf (Sep 2023)
- Wheat (Jun 2023)
Summary of Changes for the CEPP: 2021 and succeeding Crop Years (Jun 2020)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
2023
All the CEPP documents linked below except the Peanuts CEPP are updated in a new format for the 2023 crop year. Substantive text changes are made to all documents except the Section II Canola document and the Peanuts CEPP. The changes to each document are listed in a summary of changes page at the top of each document. RMA may elect to update CEPP documents at a future date. These future updates will occur no later than November 30, 2022.
The most current pricing methodologies are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
- CEPP Section I - General Information (23-CEPP-1-1) (Nov 2022)
- CEPP Section II: Crop-Specific Price Definitions
Summary of Changes for the CEPP: 2021 and succeeding Crop Years (Jun 2020)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
2022
All CEPP documents are carried over from last year. RMA may elect to update CEPP documents at a future date. These future updates will occur no later than November 30, 2021.
- CEPP Section I - General Information (21-CEPP) (Jun 2020)
- CEPP Section II: Crop-Specific Price Definitions
- Barley (May 2018)
- Canola (May 2017)
- Corn (Jun 2013)
- Cotton (Oct 2014)
- Grain Sorghum (Aug 2019)
- Peanuts (Dec 2020)
- Rice (Nov 2019)
- Soybeans (Jun 2020)
- Sunflowers (Aug 2019)
- Wheat (May 2017)
Summary of Changes for the CEPP: 2021 and succeeding Crop Years (Jun 2020)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
2021
All CEPP documents except Section I: General Information and Section II: Soybeans are carried over from last year. RMA may elect to update CEPP documents at a future date. These future updates will occur no later than November 30, 2020.
- CEPP Section I - General Information (21-CEPP) (Jun 2020)
- CEPP Section II: Crop-Specific Price Definitions
- Barley (May 2018)
- Canola (May 2017)
- Corn (Jun 2013)
- Cotton (Oct 2014)
- Grain Sorghum (Aug 2019)
- Peanuts (Dec 2020)
- Rice (Nov 2019)
- Soybeans (Jun 2020)
- Sunflowers (Aug 2019)
- Wheat (May 2017)
Summary of Changes for the CEPP: 2021 and succeeding Crop Years (Jun 2020)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
2020
All CEPP documents except Section II: Grain Sorghum, Rice, and Sunflowers are carried over from last year. RMA may elect to update CEPP documents at a future date. These future updates will occur no later than November 30, 2019.
- CEPP Section I: General Information (16-CEPP) (Nov 2015)
- CEPP Section II: Crop-Specific Price Definitions:
- Barley (May 2018)
- Canola/Rapeseed (May 2017)
- Corn (Jun 2013)
- Cotton (Oct 2014)
- Grain Sorghum (Aug 2019)
- Peanuts (Nov 2014)
- Rice (Nov 2019)
- Soybeans (May 2016)
- Sunflowers (Aug 2019)
- Wheat (May 2017)
Summary of Changes for the CEPP: 2020 and Succeeding Crop Years (Aug and Nov 2019)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
2019
All CEPP documents except Section II: Barley are carried over from last year. RMA may elect to update CEPP documents at a future date. These future updates will occur no later than November 30, 2018.
- CEPP Section I: General Information (16-CEPP) (Nov 2015)
- CEPP Section II: Crop-Specific Price Definitions:
- Barley (May 2018)
- Canola/Rapeseed (May 2017)
- Corn (Jun 2013)
- Cotton (Oct 2014)
- Grain Sorghum (May 2017)
- Rice (May 2017)
- Soybeans (May 2016)
- Sunflowers (May 2016)
- Wheat (May 2017)
Summary of Changes for the CEPP: 2019 and Succeeding Crop Years (May 2018)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
2018
All CEPP documents, except Section II: Barley, Section II: Canola/Rapeseed, Section II: Grain Sorghum, Section II: Rice, and Section II: Wheat are carried over from last year. RMA may elect to update CEPP documents at a future date. These future updates will occur no later than November 30, 2017.
- CEPP Section I: General Information (16-CEPP) (Nov 2015)
- CEPP Section II: Crop-Specific Price Definitions:
- Barley (May 2017)
- Canola/Rapeseed (May 2017)
- Corn (Jun 2013)
- Cotton (Oct 2014)
- Grain Sorghum (May 2017)
- Rice (May 2017)
- Soybeans (May 2016)
- Sunflowers (May 2016)
- Wheat (May 2017)
- Summary of Changes for the CEPP: 2018 and Succeeding Crop Years (May 2017)
For pricing methodologies referenced in the CEPP, the most current versions are posted at www.rma.usda.gov/about-rma/publications under "Price Election Methodology."
Contact Information
For more information, contact Revenue Support Team.