Rice

Background

The SRA Appendix IV Matrix is updated annually in accordance with renewal of the Standard Reinsurance Agreement unless a revision is needed.

Matrix revisions are needed to reduce redundancies, simplify the display of Individual Yield plans with separate endorsements, update Post-Application Coverage Endorsement (PACE), and update conflict of interest review requirements for Downed Rice and High-Risk Alternate Coverage endorsements.

Specifically, the following revisions are made:

The Risk Management Agency (RMA) derives prices for certain programs by applying factors and premiums to conventional projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors and premiums for organic rice, organic cotton, popcorn, organic popcorn, confectionery sunflowers, organic sunflowers, grain sorghum, and organic oats are provided below.

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2022 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, types, practices, sales closing dates, and states indicated in the following table.

As of October 03, 2022 the following information is now available on the FTP site:

• 2022 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2022 Actuarial Data Master are in the References/Actuarial_Data_Master/2022 directory.

Additional notes and details regarding this data release:

Common Crop Insurance Policy and Area Risk Protection Insurance 1

The 2022 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.

Common Crop Insurance Policy 1

The 2022 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection and Revenue Protection with Harvest Price Exclusion. The harvest prices are applicable for the crop, sales closing date, states, and practices indicated in the following table.

As of September 12, 2022 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2023 Actuarial Data Master for the 6/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

Cultivated Wild Rice

The following additional price elections are provided for the 2023 CY cultivated wild rice program in California and Minnesota counties with a September 30, 2022, sales closing date.

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2022 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 with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types, and practices indicated in the following table.