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 H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy 6/25/2020
Subject
Malting Barley Endorsement Changes Effective for the 2021 and Succeeding Crop Years
Background
The Federal Crop Insurance Corporation Board of Directors approved changes to the Malting Barley Endorsement (MBE) , under section 508(h) of the Federal Crop Insurance Act, on March 5, 2020.
The following changes are applicable for the 2021 and succeeding crop years:
- Expansion to 35 Ohio counties (listed in attachment);
- Quality adjustment will now be determined using Local Market Price; and
- Quality adjustment will now impact barley actual production history.
Action
The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:
- Malting Barley Endorsement (21-0091b)
- Malting Barley Endorsement Insurance Standards Handbook (20240)
Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.
DISPOSAL DATE
December 31, 2021
Attachment:
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