All Risk Management Agency Field Offices
All Other Interested Parties
Common Crop Insurance Policy & Area Risk Protection Insurance1
The 2015 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 2015 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 projected prices and volatility factors apply to policies with a February 28 sales closing date, unless otherwise indicated, and are applicable for the crops, types, practices and states indicated below:
| Crop/Type/Practice/State | Exchange | Contract | Projected Price | Volatility Factor |
|---|---|---|---|---|
| Corn Alabama, Florida, Georgia, Louisiana, South Carolina | CBOT | September Corn | $4.05/bushel | 0.19 |
| Corn - Organic Practice Alabama, Florida, Georgia, Louisiana, South Carolina | CBOT | September Corn | $7.62/bushel | 0.19 |
| Corn Arkansas, Mississippi | CBOT | December Corn | $4.13/bushel | 0.18 |
| Corn - Organic Practice Arkansas, Mississippi | CBOT | December Corn | $7.77/bushel | 0.18 |
| Corn North Carolina | CBOT | December Corn | $4.13/bushel | 0.19 |
| Corn - Organic Practice North Carolina | CBOT | December Corn | $7.77/bushel | 0.19 |
| Corn Arizona, California, Nevada | CBOT | December Corn | $4.13/bushel | 0.20 |
| Corn - Organic Practice Arizona, California, Nevada | CBOT | December Corn | $7.77/bushel | 0.20 |
| Cotton All States | ICE | December Cotton | $0.63/pound | 0.16 |
| Cotton - Organic Practice All States | ICE | December Cotton | $1.18/pound | 0.16 |
| Grain Sorghum Alabama, Florida, Georgia, South Carolina | CBOT | December Corn | $3.97/bushel | 0.17 |
| Grain Sorghum - Organic Practice Alabama, Florida, Georgia, South Carolina | CBOT | December Corn | $6.08/bushel | 0.17 |
| Grain Sorghum Arkansas, Louisiana, Mississippi | CBOT | December Corn | $3.97/bushel | 0.17 |
| Grain Sorghum - Organic Practice Arkansas, Louisiana, Mississippi | CBOT | December Corn | $6.08/bushel | 0.19 |
| Grain Sorghum Arizona, California, North Carolina | CBOT | December Corn | $3.97/bushel | 0.20 |
| Grain Sorghum - Organic Practice Arizona, California, North Carolina | CBOT | December Corn | $6.08/bushel | 0.20 |
| Peanuts - Runner Type Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas | CBOT / ICE | December Wheat, Cotton, Soybean Oil, Soybean Meal | $0.2123/pound | 0.08 |
| Peanuts - Spanish Type Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Texas | CBOT / ICE | December Wheat, Cotton, Soybean Oil, Soybean Meal | $0.2824/pound | 0.08 |
| Peanuts - Virginia Type Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina | CBOT / ICE | December Wheat, Cotton, Soybean Oil, Soybean Meal | $02463/pound | 0.08 |
| Popcorn March 15 Sales Closing Date Alabama | CBOT | September Corn | $0.1746/pound | 0.19 |
| Popcorn - Organic Practice March 15 Sales Closing Date Alabama | CBOT | September Corn | $0.2515/pound | 0.19 |
| Rice - Long Grain Type Louisiana | CBOT | September Rice* | $0.110/pound* | 0.00* |
| Rice - Medium/Short Grain Types Louisiana | CBOT | September Rice* | $0.124/pound* | 0.00* |
| Rice - Long Grain Type Arkansas, California, Illinois, Mississippi, Missouri, Oklahoma, Tennessee, Texas | CBOT | November Rice* | $0.112/pound* | 0.00* |
| Rice - Medium/Short Grain Types Arkansas, Illinois, Mississippi, Missouri, Oklahoma, Tennessee, Texas | CBOT | November Rice* | $0.127/pound* | 0.00* |
| Rice - Medium/Short Grain Types California | CBOT | November Rice* | $0.151/pound* | 0.00* |
| Soybeans Arkansas, Louisiana, Mississippi, Texas | CBOT | November Soybeans | $9.62/bushel | 0.16 |
| Soybeans - Organic Practice Arkansas, Louisiana, Mississippi, Texas | CBOT | November Soybeans | $16.78/bushel | 0.16 |
| Soybeans Alabama, Florida, Georgia, North Carolina, South Carolina | CBOT | January (2016) Soybeans | $9.67/bushel | 0.16 |
| Soybeans - Organic Practice Alabama, Florida, Georgia, North Carolina, South Carolina | CBOT | January (2016) Soybeans | $16.86/bushel | 0.16 |
1 Projected Prices and Volatility Factors are applicable for Stacked Income Protection (STAX) for cotton only, and the Supplemental Coverage Option (SCO).
* Revenue protection coverage is not offered for rice counties with a February 28 sales closing date due to an insufficient number of full active trading days, as stipulated in the Commodity Exchange Price Provisions (CEPP) – Section 1 (http://www.rma.usda.gov/policies/2014/14cepp.pdf). Yield protection coverage is still available; revenue protection coverage plans of insurance have volatility set equal to zero and the harvest price set equal to the projected price. The projected price equals the average daily settlement price for either the CBOT 2015 September rice contract (Louisiana) or the CBOT 2015 November rice contract (all other states) for the period January 15, 2015 - February 14, 2015.
DISPOSAL DATE
December 31, 2015