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The 2018 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, sales closing dates, states, types, and practices indicated in the following table.
The Risk Management Agency (RMA) has revised the Margin Protection (MP) Plan of Insurance for the 2020 crop year, as follows:
The Risk Management Agency (RMA) issued Manager’s Bulletin MGR-019-014 on June 11, 2019, regarding the 2020 Fall County Crops Program Expansion. The attachment, 2020 Expansion of Existing Fall Crops Programs listed “Alfalfa” under the “Crop” section which is a typographical error. The correct crop program expansion is “Alfalfa Seed.”
The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2020 crop year having a June 30th contract change date. The following attachments, 2020 Expansion of Existing Fall Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.
Approved Insurance Providers should advise producers of the expanded county crop programs for the 2020 crop year.
DISPOSAL DATE:
December 30, 2019
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.
Common Crop Insurance Policy & Area Risk Protection Insurance1
The 2016 CY projected prices shown below are approved for the Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection - Harvest Price Exclusion plans of insurance. The 2016 CY volatility factors shown below are approved for the Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection - Harvest Price Exclusion plans of insurance.
The following 2016 CY margin projected prices and volatility factors are approved for the Margin Protection Plan. 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: webapp.rma.usda.gov/apps/actuarialinformationbrowser/.
Common Crop Insurance Policy & Area Risk Protection Insurance1
