Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard Flournoy, Deputy Administrator /s/ John W. Underwood for Deputy Administrator Richard H. Flournoy 8/15/2019
Subject
2020 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors Announcement
Common Crop Insurance Policy1
The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 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/State | Exchange | Contract | Projected Price | Volatility Factor |
|---|---|---|---|---|
| Canola – Canola Type Illinois, Indiana, Kansas, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, Texas & Virginia | ICE | July Canola | $0.164/pound | 0.11 |
| Canola – Rapeseed Type Illinois, Indiana, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, & Virginia | ICE | July Canola | $0.214/pound | 0.00 |
| Canola – Canola Type Idaho (Fall), Oregon (Fall) & Washington (Fall) | ICE | November Canola | $0.165/pound | 0.12 |
| Canola – Rapeseed Type Idaho (Fall), Oregon (Fall) & Washington (Fall) | ICE | November Canola | $0.225/pound | 0.00 |
1Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).
DISPOSAL DATE
December 31, 2019