Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy 12/1/2020
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 1,2
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 – Harvest Price Exclusion. The harvest prices are applicable for the crops, practices, sales closing dates and states indicated in the following table.
| Crop/Practice/Sales Closing Date/State | Exchange | Contract | Harvest Price |
|---|---|---|---|
| Corn March 15 Sales Closing Date Idaho, Michigan, Oregon & Washington | CBOT | December Corn | $4.16/bushel |
| Corn - Organic Practice March 15 Sales Closing Date Idaho, Michigan, Oregon & Washington | CBOT | December Corn | $9.29/bushel |
| Cotton March 15 Sales Closing Date Kansas, New Mexico & Oklahoma | ICE | December Cotton | $0.70/pound |
| Cotton - Organic Practice March 15 Sales Closing Date Kansas, New Mexico & Oklahoma | ICE | December Cotton | $1.08/pound |
1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO). 2 Harvest Prices are applicable for Stacked Income Protection (STAX) cotton policies. | |||
Common Crop Insurance Policy & Area Risk Protection Insurance 1
| Crop/Practice/Sales Closing Date/State | Exchange | Contract | Harvest Price |
|---|---|---|---|
| Popcorn March 15 Sales Closing Date Michigan | CBOT | December Corn | $0.1789/pound |
| Popcorn - Organic Practice March 15 Sales Closing Date Michigan | CBOT | December Corn | $0.2575/pound |
| Soybeans February 28 Sales Closing Date Alabama, Florida, Georgia, North Carolina & South Carolina | CBOT | January (2021) Soybeans | $11.45/bushel |
| Soybeans - Organic Practice February 28 Sales Closing Date Alabama, Florida, Georgia, North Carolina & South Carolina | CBOT | January (2021) Soybeans | $22.51/bushel |
| Soybeans March 15 Sales Closing Date Delaware, Maryland, Oklahoma, Virginia & West Virginia | CBOT | January (2021) Soybeans | $11.45/bushel |
| Soybeans - Organic Practice March 15 Sales Closing Date Delaware, Maryland, Oklahoma, Virginia & West Virginia | CBOT | January (2021) Soybeans | $22.51/bushel |
| 1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO). | |||
DISPOSAL DATE
December 31, 2021