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Product Management Bulletin-PM-16-015

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Tim B. Witt
Subject
2015 Crop Year Actual Revenue History (ARH) Sweet Cherry and Tart Cherry for Processing Annual Price

The ARH Sweet Cherry and Tart Cherry for Processing Pilot Crop Provisions (Crop Provisions) establish an Annual Price to be used in determining revenue to count for certain appraised or unsold marketable production. In accordance with the definition of Annual Price, paragraph (d), Section 2. Definitions of the Crop Provisions, Annual Price is to be calculated from data reported for the crop year by the National Agricultural Statistics Service (NASS) in their publication Noncitrus Fruits and Nuts Preliminary Summary (released the January following the date of harvest), or by RMA if the publication is not available. NASS recently issued a notice that it suspended this year’s Noncitrus Fruits and Nuts 2015 Preliminary Summary.

The Risk Management Agency (RMA) is issuing the following Annual prices for crop year 2015:

Type State Price/lb.
Sweet Cherries, Fresh (111) California $1.42
All other states $1.06
Sweet Cherries, Processing (112) All states $0.51
Tart Cherries, Processing (416) All states $0.32
DISPOSAL DATE: December 31, 2016