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Product Management Bulletin-PM-21-073

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator /s/ John W. Underwood for
Subject
2021 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1,2

The 2021 CY harvest prices 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 harvest prices are applicable for the crops, practices, sales closing dates, and states indicated in the following table.

Crop/Practice/Sales Closing Date/StateExchangeContractHarvest Price
Corn
March 15 Sales Closing Date
Idaho, Michigan, Oregon & Washington
CBOTDecember
Corn
$5.71/bushel
Corn - Organic Practice
March 15 Sales Closing Date
Idaho, Michigan, Oregon & Washington
CBOTDecember
Corn
$11.92/bushel
Cotton
March 15 Sales Closing Date
Kansas, New Mexico & Oklahoma
ICEDecember
Cotton
$1.18/pound
Cotton - Organic Practice
March 15 Sales Closing Date
Kansas, New Mexico & Oklahoma
ICEDecember
Cotton
$1.54/pound
Popcorn
March 15 Sales Closing Date
Michigan
CBOTDecember
Corn
$0.2455/pound
Popcorn - Organic Practice
March 15 Sales Closing Date
Michigan
CBOTDecember
Corn
$0.3534/pound
Soybeans
February 28 Sales Closing Date
Alabama, Florida, Georgia, North Carolina & South Carolina
CBOTJanuary (2022)
Soybeans
$12.43/bushel
Soybeans - Organic Practice
February 28 Sales Closing Date
Alabama, Florida, Georgia, North Carolina & South Carolina
CBOTJanuary (2022)
Soybeans
$23.60/bushel
Soybeans
March 15 Sales Closing Date
Delaware, Maryland, Oklahoma, Virginia & West Virginia
CBOTJanuary (2022)
Soybeans
$12.43/bushel
Soybeans - Organic Practice
March 15 Sales Closing Date
Delaware, Maryland, Oklahoma, Virginia & West Virginia
CBOTJanuary (2022)
Soybeans
$23.60/bushel
1 Harvest Prices are applicable for the Enhanced Coverage Option (ECO) and the Supplemental Coverage Option (SCO).
2 Harvest Prices are applicable for Stacked Income Protection (STAX) cotton policies.

DISPOSAL DATE:
December 31, 2022