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Product Management Bulletin-PM-23-011 Corrected

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
2023 Crop Year (CY) Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2023, Sales Closing Date (SCD) - CORRECTION

Additional Price Elections:

RMA released PM-23-011 on February 28, 2023, with incorrect prices for Large Kabuli Chickpeas and Small Kabuli Chickpeas. This bulletin corrects those errors; the impacted rows are astericked (*) in the tables on the following pages.

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2023, SCD.

Dry Peas (Spring Types) Colorado, Kansas, Minnesota, Nebraska, and Wyoming
Type and Organic Practice (not all types may be available in all states) Additional Price Election ($ / pound) Established Price Election ($ / pound) CAT Price Election ($ / pound)
Smooth Green/Yellow $0.13 $0.09 $0.0715
Lentils $0.28 $0.19 $0.1540
Small Kabuli Chickpeas* $0.30* $0.18* $0.1650*
Small Kabuli Chickpeas organic* $0.33* $0.33* $0.1815*
Large Kabuli Chickpeas* $0.34* $0.22* $0.1870*
Desi Chickpeas $0.25 $0.18 $0.1375
Desi Chickpeas organic $0.50 $0.36 $0.2750
Dry Peas (Spring Types) Alaska and Oregon
Type and Organic Practice (not all types may be available in all states) Additional Price Election ($ / pound) Established Price Election ($ / pound) CAT Price Election ($ / pound)
Smooth Green/Yellow $0.17 $0.10 $0.0935
Lentils $0.40 $0.19 $0.2200
Lentils organic $0.40 $0.32 $0.2200
Small Kabuli Chickpeas* $0.29* $0.18* $0.1595*
Small Kabuli Chickpeas organic* $0.33* $0.33* $0.1815*
Large Kabuli Chickpeas* $0.40* $0.22* $0.2200*
Dry Beans Iowa, South Dakota, and Wisconsin
Type and Organic Practice (not all types may be available in all states) Additional Price Election ($ / pound) Established Price Election ($ / pound) CAT Price Election ($ / pound)
Black $0.39 $0.37 $0.2145
Black Organic $0.78 $0.74 $0.4290
Great Northern $0.35 $0.33 $0.1925
Great Northern Organic $0.70 $0.66 $0.3850
Pink $0.39 $0.38 $0.2145
Pink Organic $0.78 $0.76 $0.4290
Pinto $0.38 $0.35 $0.2090
Pinto Organic $0.76 $0.70 $0.4180
Dry Beans Rest of U.S.
Type and Organic Practice (not all types may be available in all states) Additional Price Election ($ / pound) Established Price Election ($ / pound) CAT Price Election ($ / pound)
Black $0.40 $0.37 $0.2200
Black Organic $0.80 $0.74 $0.4400
Great Northern $0.41 $0.33 $0.2255
Great Northern Organic $0.82 $0.66 $0.4510
Pea $0.40 $0.39 $0.2200
Pea Organic $0.80 $0.78 $0.4400
Pink $0.42 $0.38 $0.2310
Pink Organic $0.84 $0.76 $0.4620
Pinto $0.40 $0.35 $0.2200
Pinto Organic $0.80 $0.70 $0.4400
Small Red $0.44 $0.40 $0.2420
Small Red Organic $0.88 $0.80 $0.4840
Small White $0.40 $0.39 $0.2200
Small White Organic $0.80 $0.78 $0.4400
DISPOSAL DATE: January 31, 2024