PRODUCT MANAGEMENT BULLETIN: PM20-083




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

Date

November 25, 2020

To:

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

From:

Richard H. Flournoy, Deputy Administrator /s/ John W. Underwood for    11/25/2020

Subject:

Silage Sorghum Pilot Endorsement Changes Effective for the 2021 and Succeeding Crop Years
Background

The Risk Management Agency revised the Silage Sorghum Pilot Endorsement for the 2021 and succeeding crop years. Changes include:

  • Updated references to the Coarse Grains Crop Provisions;
  • Replaced outdated terms with those consistent with the actuarial documents;
  • Revised the deadline for providing a contract to the acreage reporting date instead of the final planting date to be consistent with other crops for which the contract price may be used as the price election;
  • Clarified that all acreage in the county in which the insured has a share must be covered under the silage sorghum purchase contract in order to use the contract price as the price election; and
  • Updated loss examples with current prices and simplified the computations.
Action
The following documents will be available by close of business today on the RMA website at www.rma.usda.gov.
  • Silage Sorghum Pilot Endorsement (21-0059)
  • Silage Sorghum Pilot Loss Adjustment Standards Handbook (25840-1H)
The Silage Sorghum Pilot Underwriting Guide (24150) will be available at a later date.

Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at www.rma.usda.gov/Information-Tools/Agent-Locator-Page.

DISPOSAL DATE:
December 31, 2021
USDA is an Equal Opportunity Employer and Provider