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Cotton

PM-18-057

The Risk Management Agency (RMA) has received requests from the American Sesame Growers Association to expand the Sesame Pilot Program. On November 15, 2018, the Federal Crop Insurance Corporation Board of Directors approved expansion of the Sesame Pilot Program to 36 counties and approved expansion by written agreement to 252 counties in Kansas, Oklahoma, and Texas for 2019 and succeeding crop years.

The expansion was approved for the following counties:

PM-18-055

BACKGROUND:

Organic Rice Factor

The Risk Management Agency (RMA) offers distinct organic practice rice prices for many plans of insurance. The definitions and specifications for the rice organic practice prices are provided in the ‘Commodity Exchange Price Provisions (CEPP) Section II: Rice’ document. The following 2019 CY organic practice price factor will be applied to conventional practice rice prices, as determined in accordance with the CEPP, to derive the organic practice rice prices:

PM-18-053

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

MGR-18-014

Hurricane Michael caused catastrophic damage in many counties in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia. The Risk Management Agency (RMA), in conjunction with Approved Insurance Providers (AIPs), recognize the need for authorizing emergency procedures that will streamline certain loss determinations on specific crops, accelerating the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.

PM-18-030

In accordance with Section 10 of the SCO Endorsement, approved final area yields for 2017 crop year Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cotton Ex Long Staple, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas, Hybrid Corn Seed, Hybrid Seed Rice, Hybrid Sorghum Seed, Millet, Mustard, Peanuts, Popcorn, Processing Beans, Pumpkins, Rice, Sesame, Silage Sorghum, Soybeans, Sugar Beets, Sunflowers and Sweet Corn will be available by close of business today in the following formats:

PM-18-038

In accordance with Section 3 of the ARPI Crop Provisions, Section 9 of the STAX Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, county revenues and payment factors for the 2017 crop year will be available by close of business today in the following formats:

Actuarial 18-004

As of January 31, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2018 Special Provisions for the 11/30, 1/31 Filing Date.

Users can find this information in the following directories:

  • 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.
  • 2018 Special Provisions are in the Special_Provisions/2018 directory.

Additional notes and details regarding this data release:

MGR-18-003

In areas of Texas, Oklahoma, and Kansas, an increase in planted cotton acreage and subsequent high cotton yields have caused abnormal delays in the completion of the ginning process of harvested cotton production for the 2017 crop year. As a result, many cotton insureds in these three states will not have gin records of their 2017 cotton crop available by the production reporting date (PRD).

 

PM-18-023

In accordance with the Special Provisions statement in lieu of section 10(d)(1) of the Upland and ELS Cotton Crop Provisions, Price B will be established by adding premiums and/or discounts associated with the predominant cotton quality characteristics, as determined by the Farm Service Agency, to the Upland and ELS Cotton National Average Loan Rates. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.