PRODUCT MANAGEMENT BULLETIN: PM20-072




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

Date

October 15, 2020

To:

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

From:

Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy    10/15/2020

Subject:

2021 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement
Common Crop Insurance Policy 1

The 2021 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2021 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crops, types, practices, sales closing date and states indicated in the following table.
Crop/Type/Practice
Sales Closing Date/State

Exchange Contract Projected
Price  
Volatility
Factor 
Barley
October 31 Sales Closing Date
Arizona & California
CBOT
July
Corn
$3.43/bushel
0.16
Barley
Organic Practice

October 31 Sales Closing Date
Arizona & California
CBOT July
Corn
$7.33/bushel
0.16
Barley - Winter
October 31 Sales Closing Date
Nevada & Utah
CBOT September
Corn
$3.36/bushel 0.17
Barley - Winter
Organic Practice

October 31 Sales Closing Date
Nevada & Utah
CBOT September
Corn
$7.18/bushel 0.17
Wheat - Winter
October 31 Sales Closing Date
Arizona & California
KCBT July
HRW
Wheat
$5.27/bushel
0.19
Wheat - Winter
Organic Practice

October 31 Sales Closing Date
Arizona & California
KCBT July
HRW
Wheat
$10.90/bushel 0.19
Wheat - Durum
October 31 Sales Closing Date
Arizona & California
MGE
July
HRS
Wheat
$6.63/bushel
0.16
Wheat – Durum
Organic Practice

October 31 Sales Closing Date
Arizona & California
MGE July
HRS
Wheat
$13.71/bushel 0.16
1 Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).
         
DISPOSAL DATE
December 31, 2021
USDA is an Equal Opportunity Employer and Provider