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Product Management Bulletin-PM-22-043

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
2022 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance1

The 2022 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 with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices, and types indicated in the following table.

Crop/Sales Closing Date/
States/Practice/Type
ExchangeContractHarvest Price
Barley
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia
CBOTJuly
Corn
$6.72/bushel
Barley – Organic Practice
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia
CBOTJuly
Corn
$14.37/bushel
Barley
September 30 Sales Closing Date
Kansas (Spring Types)
CBOTJuly
Corn
$6.72/bushel
Barley – Organic Practice
September 30 Sales Closing Date
Kansas (Spring Types)
CBOTJuly
Corn
$14.37/bushel
Barley
October 31 Sales Closing Date
Arizona & California
CBOTJuly
Corn
$6.72/bushel
Barley – Organic Practice
October 31 Sales Closing Date
Arizona & California
CBOTJuly
Corn
$14.37/bushel
Barley
March 15 Sales Closing Date
Kansas (Spring Types)
CBOTJuly
Corn
$6.72/bushel
Barley – Organic Practice
March 15 Sales Closing Date
Kansas (Spring Types)
CBOTJuly
Corn
$14.37/bushel
Canola
August 31 Sales Closing Date
Illinois, Indiana, Kansas, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, Texas & Virginia
ICEJuly
Canola
$0.366/pound
Canola – Rapeseed Type*
August 31 Sales Closing Date
Illinois, Indiana, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee & Virginia
*Harvest Price is set equal to Projected Price.
ICEJuly
Canola
$0.390/pound
Canola
September 30 Sales Closing Date
Alabama & Georgia
ICEJuly
Canola
$0.366/pound
Canola – Rapeseed Type*
September 30 Sales Closing Date
Alabama & Georgia
*Harvest Price is set equal to Projected Price.
ICEJuly
Canola
$0.387/pound
Sunflowers – Oil Type
January 31 Sales Closing Date
Texas
CBOTJuly
Soybean Oil
$0.392/pound
Sunflowers – Confectionery Type
January 31 Sales Closing Date
Texas
CBOTJuly
Soybean Oil
$0.490/pound
Sunflowers – Organic Practice; All Types
January 31 Sales Closing Date
Texas
CBOTJuly
Soybean Oil
$0.713/pound
Wheat
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee
CBOTJuly
SRW Wheat
$10.11/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee
CBOTJuly
SRW Wheat
$20.53/bushel
Wheat
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types), Oklahoma & Texas (Winter & Spring Types)
KCBTJuly
HRW Wheat
$10.88/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types), Oklahoma & Texas (Winter & Spring Types)
KCBTJuly
HRW Wheat
$22.10/bushel
Wheat
October 31 Sales Closing Date
Arizona & California
KCBTJuly
HRW Wheat
$10.88/bushel
Wheat – Organic Practice
October 31 Sales Closing Date
Arizona & California
KCBTJuly
HRW Wheat
$22.10/bushel
Wheat – Durum Type
September 30 Sales Closing Date
New Mexico
MGEJuly
HRS Wheat
$13.72/bushel
Wheat – Organic Practice; Durum Type
September 30 Sales Closing Date
New Mexico
MGEJuly
HRS Wheat
$27.87/bushel
Wheat – Durum Type
October 31 Sales Closing Date
Arizona & California
MGEJuly
HRS Wheat
$13.72/bushel
Wheat – Organic Practice; Durum Type
October 31 Sales Closing Date
Arizona & California
MGEJuly
HRS Wheat
$27.87/bushel

1Harvest Prices are applicable for the Enhanced Coverage Option (ECO) and the Supplemental Coverage Option (SCO), where available. 

DISPOSAL DATE:
December 31, 2022