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Product Management Bulletin-PM-16-042

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Thomas W. Worth, Acting Deputy Administrator /s/ Rodger M. Matthews, for
Subject
2017 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors Announcement

Common Crop Insurance Policy 1

The 2017 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2017 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

Crop/Type/StateExchangeContractProjected PriceVolatility Factor
Canola – Canola Type
Kansas, Oklahoma & Texas
 
ICE
 
July
Canola
$0.166/pound0.15
Canola – Rapeseed Type
Oklahoma
 
ICE
 
July
Canola
$0.221/pound0.00
Canola – Canola Type
Idaho (Fall), Oregon (Fall) & Washington (Fall) 
 
ICE
 
November
Canola
$0.168/pound0.16
Canola – Rapeseed Type
Idaho (Fall), Oregon (Fall) & Washington (Fall)
 
ICE
 
November
Canola
$0.230/pound0.00

1 Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).

DISPOSAL DATE
December 31, 2016