All Risk Management Agency Field Offices
All Other Interested Parties
The following 2016 CY margin projected prices and volatility factors are approved for Margin Protection Plan for rice offers with a February 28 sales closing date. The margin projected price is used in conjunction with projected input prices and the expected county yield to derive the expected margin (per acre), trigger margin (per acre) and liability. The expected margins for each crop/county are available at the following web page on RMA’s public website: Actuarial Information Browser
Please see the following web page on RMA’s public website for program details: Policies Index
| Crop/Type | Exchange | Contract |
Margin Projected Price |
Volatility Factor |
|
Rice - Long Grain Type & No Type Specified Arkansas, Mississippi, Texas |
CBOT |
September* Rice |
$0.177/pound | .15 |
| Rice - Medium & Short Grain Types Arkansas, Mississippi, Texas | CBOT | September* Rice | $0.133/pound | .15 |
| Rice - Long Grain Type & No Type Specified Missouri | CBOT | September* Rice | $0.117/pound | .16 |
| Rice - Medium & Short Grain Types Missouri | CBOT | September* Rice | $0.133/pound | .16 |
| Rice - Long Grain Type & No Type Specified California | CBOT | September* Rice | $0.117/pound | .16 |
| Rice - Medium & Short Grain Types California | CBOT | September* Rice | $0.165/pound | .16 |
| Rice - Long Grain Type & No Type Specified Louisiana | CBOT | September* Rice | $0.117/pound | .13 |
| Rice - Medium & Short Grain Types Louisiana | CBOT | September* Rice | $0.133/pound | .13 |
| *For Margin Projected Prices, the September contract was used in lieu of the November contract due to low open interest. | ||||
DISPOSAL DATE December 31, 2016