All Risk Management Agency Field Offices
All Other Interested Parties
Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2015 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 2015 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. The projected prices and volatility factors apply to policies with a March 15 sales closing date, unless otherwise indicated, and are applicable for the crops, practices, types and states indicated below:
| Crop/Practice/Type/State | Exchange | Contract | Projected Price | Volatility Factor |
|---|---|---|---|---|
| Barley Kansas | CBOT | July Corn | $3.45/bushel | 0.14 |
| Barley Iowa, Nebraska, New York & Pennsylvania | CBOT | September Corn | $3.51/bushel | 0.17 |
| Barley Colorado, Idaho, Maine, Michigan, Minnesota, Montana, Nevada, North Dakota, Oregon, South Dakota, Utah, Vermont, Washington, Wisconsin & Wyoming | CBOT | September Corn | $3.51/bushel | 0.19 |
| Barley Alaska | CBOT | December Corn | $4.03/bushel | 0.19 |
| Barley California | CBOT | December Corn | $3.59/bushel | 0.19 |
| Barley (March 15 Sales Closing Date, Winter Types without Winter Coverage Endorsement) Idaho, Oregon & Washington (previously released 9/16/2014) | CBOT | September Corn | $3.41/bushel | 0.21 |
| Barley (September 30 Sales Closing Date, Spring Type) Kansas | CBOT | July Corn | $3.45/bushel | 0.14 |
| Barley (September 30 Sales Closing Date, Spring Types) New York & Pennsylvania | CBOT | September Corn | $3.51/bushel | 0.17 |
| Barley (September 30 Sales Closing Date, Spring Types) Colorado, Idaho, Oregon & Washington | CBOT | September Corn | $3.51/bushel | 0.19 |
| Barley (October 31 Sales Closing Date, Spring Types) Nevada & Utah | CBOT | September Corn | $3.51/bushel | 0.19 |
| Canola All States | ICE | November Canola | $0.161/pound | 0.13 |
| Canola - Rapeseed Type All States | ICE | November Canola | $0.195/pound | 0.00 |
| Canola (August 31 Sales Closing Date, Spring Type) Idaho, Oregon & Washington | ICE | November Canola | $0.161/pound | 0.13 |
| Canola - Rapeseed Type (August 31 Sales Closing Date, Spring Type) Idaho, Oregon & Washington | ICE | November Canola | $0.195/pound | 0.00 |
| Corn Oklahoma & Texas | CBOT | December Corn | $4.15/bushel | 0.19 |
| Corn - Organic Practice Oklahoma & Texas | CBOT | December Corn | $7.81/bushel | 0.19 |
| Corn Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin & Wyoming | CBOT | December Corn | $4.15/bushel | 0.21 |
| Corn - Organic Practice Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin & Wyoming | CBOT | December Corn | $7.81/bushel | 0.21 |
| Corn Idaho, Michigan, Oregon & Washington | CBOT | December Corn | $4.15/bushel | 0.22 |
| Corn - Organic Practice Idaho, Michigan, Oregon & Washington | CBOT | December Corn | $7.81/bushel | 0.22 |
| Cotton Missouri, Tennessee, Texas & Virginia | ICE | December Cotton | $0.64/pound | 0.15 |
| Cotton - Organic Practice Missouri, Tennessee, Texas & Virginia | ICE | December Cotton | $1.19/pound | 0.15 |
| Cotton Kansas, New Mexico & Oklahoma | ICE | December Cotton | $0.64/pound | 0.16 |
| Cotton - Organic Practice Kansas, New Mexico & Oklahoma | ICE | December Cotton | $1.19/pound | 0.16 |
| Grain Sorghum Texas | CBOT | December Corn | $3.99/bushel | 0.19 |
| Grain Sorghum – Organic Practice Texas | CBOT | December Corn | $6.11/bushel | 0.19 |
| Grain Sorghum All States, except Texas | CBOT | December Corn | $3.99/bushel | 0.21 |
| Grain Sorghum – Organic Practice All States, except Texas | CBOT | December Corn | $6.11/bushel | 0.21 |
| Peanuts - Runner Type New Mexico, Oklahoma, Texas & Virginia | CBOT/ICE | December Wheat, Cotton, Soybean Oil & Soybean Meal | $0.2118/pound | 0.08 |
| Peanuts - Spanish Type New Mexico, Oklahoma & Texas | CBOT/ICE | December Wheat, Cotton, Soybean Oil & Soybean Meal | $0.2817/pound | 0.08 |
| Peanuts - Valencia Type New Mexico, Oklahoma & Texas | CBOT/ICE | December Wheat, Cotton, Soybean Oil & Soybean Meal | $0.2457/pound | 0.08 |
| Peanuts - Virginia Type New Mexico, Oklahoma, Texas & Virginia | CBOT/ICE | December Wheat, Cotton, Soybean Oil & Soybean Meal | $0.2457/pound | 0.08 |
| Popcorn Alabama (previously released: 2/17/2015) | CBOT | September Corn | $0.1746/pound | 0.19 |
| Popcorn - Organic Practice Alabama (previously released: 2/17/2015) | CBOT | September Corn | $0.2515/pound | 0.19 |
| Popcorn All States, except Alabama & Michigan | CBOT | December Corn | $0.1789/pound | 0.21 |
| Popcorn - Organic Practice All States, except Alabama & Michigan | CBOT | December Corn | $0.2577/pound | 0.21 |
| Popcorn Michigan | CBOT | December Corn | $0.1789/pound | 0.22 |
| Popcorn - Organic Practice Michigan | CBOT | December Corn | $0.2577/pound | 0.22 |
| Soybeans Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, New Jersey, New York, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Vermont, Washington & Wisconsin | CBOT | November Soybeans | $9.73/bushel | 0.16 |
| Soybeans - Organic Practice Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, New Jersey, New York, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Vermont, Washington & Wisconsin | CBOT | November Soybeans | $16.97/bushel | 0.16 |
| Soybeans Delaware, Maryland, Oklahoma, Virginia & West Virginia | CBOT | January (2016) Soybeans | $9.78/bushel | 0.16 |
| Soybeans - Organic Practice Delaware, Maryland, Oklahoma, Virginia & West Virginia | CBOT | January (2016) Soybeans | $17.06/bushel | 0.16 |
| Sunflowers - Oil Type All States | CBOT | December Soybean Oil | $0.169/pound | 0.16 |
| Sunflowers - Confectionary Type All States | CBOT | December Soybean Oil | $0.265/pound | 0.16 |
| Wheat - All Types Except Durum Alaska, California, Colorado, Iowa, Maine, Minnesota, Montana, Nebraska, North Dakota, Oregon [Klamath County only], South Dakota, Vermont, Wisconsin & Wyoming | MGE | September HRS Wheat | $5.85/bushel | 0.15 |
| Wheat - Durum Type Montana, North Dakota & South Dakota | MGE | September HRS Wheat | $6.32/bushel | 0.15 |
| Wheat (September 30 Sales Closing Date, Spring Type) California, Colorado, Iowa, Nebraska, Oregon [Klamath County only] & Wisconsin | MGE | September HRS Wheat | $5.85/bushel | 0.15 |
| Wheat (September 30 Sales Closing Date, Spring & Khorasan Types) Montana | MGE | September HRS Wheat | $5.85/bushel | 0.15 |
| Wheat (September 30 Sales Closing Date, Spring Type & No Type Specified) South Dakota & Wyoming | MGE | September HRS Wheat | $5.85/bushel | 0.15 |
1 Projected Prices and Volatility Factors are applicable for the following: Stacked Income Protection (STAX) cotton policies; and Supplemental Coverage Option (SCO) policies.
Hybrid Seed Price Endorsement
The following 2015 CY hybrid seed corn prices have been approved for the Hybrid Seed Price Endorsement: $4.15 per bushel for the non-organic practice; $7.81 per bushel for the certified organic practice.
These amounts reflect the higher values of either: 1) the previously-released 2015 crop year MPCI hybrid seed corn price elections [non-organic practice: $3.74 per bushel; certified organic practice: $6.88 per bushel]; or 2) the futures-based price derived from the average daily settlement price in February for the 2015 December CBOT corn contract [non-organic practice: $4.15 per bushel], multiplied by an organic corn price factor [certified organic practice: $7.81 per bushel].
DISPOSAL DATE
December 31, 201