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Cotton

PM-23-029: 2022 Crop Year Stacked Income Protection Plan (STAX) and Area Risk Protection Insurance (ARPI) Final Area Yields and Final Area Revenues for Cotton; 2022 Crop Year Supplemental Coverage Option (SCO) Final Area Yields and Final Area Revenues...

Background

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the SCO Endorsement, Section 10 of the ECO Endorsement, and Section 9 of the STAX Cotton Crop Provisions, approved final county yields, final county revenues, and payment factors for the 2022 crop year will be available by close of business today in the following formats:

PM-23-023: 2023 Price B for Cotton Quality Adjustment

Background

In accordance with the Special 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 Extra Long Staple (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.

PM-23-014: 2023 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors; Malting Barley Endorsement Projected Price Component and Volatility Factor; and Hybrid Seed Price Endorsement - Hybrid

PM-23-005: 2023 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: March 15, 2023, Sales Closing Date (SCD)

Background

The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2023 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 February 1, 2023, to February 28, 2023. These factors apply only to states with a SCD of March 15, 2023.

PM-23-003: 2023 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: February 28, 2023, Sales Closing Date (SCD)

Background

The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2023 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, 2023, to February 14, 2023. These factors apply only to states with a SCD of February 28, 2023.

Actuarial Release 23-001

As of January 11, 2023 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2023 Actuarial Data Master for the 8/31, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-22-010: 2023 Crop Year County Spring Crop Program Expansions

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2023 crop year having a November 30 through December 31 contract change date. The following attachment, 2023 Expansion of Existing Spring Crop Programs, lists the expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2023 crop year. 

DISPOSAL DATE: 
June 30, 2023.

PM-22-078: 2023 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: January 31, 2023, Sales Closing Date

Background

The CEPP – Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2023 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 December 15, 2022, to January 14, 2023. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2023.