PRODUCT MANAGEMENT BULLETIN: PM22-063




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

Date

October 26, 2022

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    10/26/2022

Subject:

Walnut Crop Insurance Changes Effective for the 2023 and Succeeding Crop Years
Background

The Federal Crop Insurance Corporation (FCIC) amended the Walnut Crop Provisions for the 2023 and succeeding crop years with the following changes:

  • Removed the minimum acreage requirement;
  • Clarified the specific method and timing of actions that will be taken if any circumstances occur that may reduce yields from previous levels; and
  • Added clarifying changes to match those from the Crop Insurance Reporting and Other Changes (CIROC) Final Rule, published in the Code of Federal Regulations on June 30, 2022.

A Final Rule with these changes published in the Federal Register on October 25, 2022. FCIC invites you to submit comments on this rule through the close of business on December 27, 2022, at regulations.gov.

Action

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

  • Walnut Crop Provisions (23-029)

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, 2023

USDA is an Equal Opportunity Employer and Provider