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Area Revenue Protection

PM-20-002

Dry Pea and Dry Bean Revenue Endorsement Harvest Prices1

The 2019 CY harvest prices shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The harvest prices are applicable for the crops, types, and states with a March 15, 2019, sales closing date.

PM-20-001

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2020 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of January 15, 2020 to February 14, 2020. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2020 and are determined in accordance with the Peanut Price Methodology guidelines.

PM-19-064

The Peanut Revenue crop insurance program currently has a maximum contract price factor of 1.20 for all types. Stakeholders in the peanut industry have requested the Federal Crop Insurance Corporation (FCIC) consider increasing the maximum contract price factor for some types. On November 15, 2019, under section 508(h) of the Federal Crop Insurance Act, the FCIC Board of Directors approved the following increases to the maximum contract price factors for peanuts:

PM-19-055

Common Crop Insurance Policy and Area Risk Protection Insurance 1

The 2019 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.

Actuarial 19-032

As of September 16, 2019 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2020 Actuarial Data Master for the 6/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-19-044

Common Crop Insurance Policy1

The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

PM-16-018

Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement1

The approved 2016 CY projected prices shown below are for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The approved 2016 CY volatility factors shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

PM-16-017

The 2016 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection - Harvest Price Exclusion. The 2016 CY volatility factors 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.