1.  

PRODUCT MANAGEMENT BULLETIN: PM–20-046

United States Department of Agriculture


Farm and Foreign Agricultural Services


Risk Management Agency


1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

July 01, 2020

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Richard Flournoy, Deputy Administrator /s/ Richard H. Flournoy    7/1/2020

Subject:

2020 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2020 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices and types indicated in the following table.

Crop/Sales Closing Date/
States/Practice/Type 

 Exchange
 Contract Harvest Price
Barley
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia		 CBOT July
Corn		 $2.68/bushel
Barley – Organic Practice
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia		 CBOT July
Corn		 $5.73/bushel
Barley
 September 30 Sales Closing Date
 Kansas (Spring Types)		 CBOT July
Corn		 $2.68/bushel
Barley – Organic Practice
 September 30 Sales Closing Date
 Kansas (Spring Types)		 CBOT July
Corn		 $5.73/bushel
Barley
October 31 Sales Closing Date
Arizona & California		 CBOT July
Corn		 $2.68/bushel
Barley – Organic Practice
October 31 Sales Closing Date
Arizona & California		 CBOT July
Corn		 $5.73/bushel
Barley
March 15 Sales Closing Date
Kansas (Spring Types)		 CBOT July
Corn		 $2.68/bushel
Barley – Organic Practice
March 15 Sales Closing Date
Kansas (Spring Types)		 CBOT July
Corn		 $5.73/bushel
Canola
August 31 Sales Closing Date
Illinois, Indiana, Kansas, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, Texas & Virginia		 ICE July
Canola		 $0.157/pound
Canola – Rapeseed Type*
August 31 Sales Closing Date
Illinois, Indiana, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee & Virginia
*Harvest Price is set equal to Projected Price.		 ICE July
Canola		 $0.214/pound
Canola
September 30 Sales Closing Date
Alabama & Georgia		 ICE July
Canola		 $0.157/pound
Canola – Rapeseed Type*
September 30 Sales Closing Date
Alabama & Georgia
*Harvest Price is set equal to Projected Price.		 ICE July
Canola		 $0.214/pound
Sunflowers – Oil Type
January 31 Sales Closing Date
Texas		 CBOT July
Soybean Oil		 $0.150/pound
Sunflowers – Confectionery Type
January 31 Sales Closing Date
Texas		 CBOT July
Soybean Oil		 $0.201/pound
Sunflowers – Organic Practice; All Types
January 31 Sales Closing Date
Texas		 CBOT July
Soybean Oil		 $0.269/pound
Wheat
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee		 CBOT July
SRW Wheat		 $4.97/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee		 CBOT July
SRW Wheat		 $10.89/bushel
Wheat
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types), Oklahoma & Texas (Winter & Spring Types)		 KCBT July
HRW Wheat		 $4.44/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types), Oklahoma & Texas (Winter & Spring Types)		 KCBT July
HRW Wheat		 $9.73/bushel
Wheat
October 31 Sales Closing Date
Arizona & California		 KCBT July
HRW Wheat		 $4.44/bushel
Wheat – Organic Practice
October 31 Sales Closing Date
Arizona & California		 KCBT July
HRW Wheat		 $9.73/bushel
Wheat – Durum Type
September 30 Sales Closing Date
New Mexico		 MGE July
HRS Wheat		 $6.00/bushel
Wheat – Organic Practice; Durum Type
September 30 Sales Closing Date
New Mexico		 MGE July
HRS Wheat		 $13.15/bushel
Wheat – Durum Type
 October 31 Sales Closing Date
 Arizona & California		 MGE July
HRS Wheat		 $6.00/bushel
Wheat – Organic Practice; Durum Type
October 31 Sales Closing Date
Arizona & California		 MGE July
HRS Wheat		 $13.15/bushel

1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).

 

DISPOSAL DATE
December 31, 2020

USDA is an Equal Opportunity Employer and Provider