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Product Management Bulletin-PM-23-011

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy
Subject
2023 Crop Year (CY) Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2023, Sales Closing Date (SCD)

Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2023, SCD.

Dry Peas (Spring Types) Colorado, Kansas, Minnesota, Nebraska, and Wyoming
Type and Organic Practice
(not all types may be available in all states)
Additional Price Election
($ / pound)
Established Price Election
($ / pound)
CAT Price 
($ / pound)
Smooth Green/Yellow$0.130.09$0.0715
Lentils$0.28$0.19$0.1540
Small Kabuli Chickpeas$0.34$0.18$0.1870
Small Kabuli Chickpeas organic$0.34$0.33$0.1870
Large Kabuli Chickpeas$0.30$0.22$0.1650
Desi Chickpeas$0.25$0.18$0.1375
Desi Chickpeas organic$0.500.36$0.2750

 

Dry Peas (Spring Types) Alaska and Oregon
Type and Organic Practice
(not all types may be available in all states)
Additional Price Election
($ / pound)
Established Price Election
($ / pound)
CAT Price Election
($ / pound)
Smooth Green/Yellow$0.17$0.10$0.0935
Lentils$0.40$0.19$0.2200
Lentils organic$0.40$0.32$0.2200
Small Kabuli Chickpeas$0.40$0.18$0.2200
Small Kabuli Chickpeas organic$0.40$0.33$0.2200
Large Kabuli Chickpeas$0.29$0.22$0.1595

 

Dry Beans Iowa, South Dakota, and Wisconsin
Type and Organic Practice
(not all types may be insurable in all states)
Additional Price Election
($ / pound)
Established Price Election
($ / pound)
CAT Price Election
($ / pound)
Black$0.39$0.37$0.2145
Black Organic$0.78$0.74$0.4290
Great Northern$0.35$0.33$0.1925
Great Northern Organic$0.70$0.66$0.3850
Pink$0.39$0.38$0.2145
Pink Organic$0.78$0.76$0.4290
Pinto$0.38$0.35$0.2090
Pinto Organic$0.76$0.70$0.4180

 

Dry Beans Rest of U.S.   
Type and Organic Practice
(not all types may be insurable in all states)
Additional Price Election
($ / pound)
Established Price Election
($ / pound)
CAT Price Election
($ / pound)
Black$0.40$0.37$0.2200
Black Organic$0.80$0.74$0.4400
Great Northern$0.41$0.33$0.2250
Great Northern Organic$0.82$0.66$0.4510
Pea$0.40$0.39$0.2200
Pea Organic$0.80$0.78$0.4400
Pink$0.42$0.38$0.2310
Pink Organic$0.84$0.76$0.4620
Pinto$0.40$0.35$0.2200
Pinto Organic$0.80$0.70$0.4400
Small Red$0.44$0.40$0.2420
Small Red Organic$0.88$0.80$0.4840
Small White$0.40$0.39$0.2200
Small White Organic$0.80$0.78$0.4400

DISPOSAL DATE:
January 31, 2024