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
Tim B. Witt, Deputy Administrator /s/ Tim B. Witt
Subject
2016 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement
Common Crop Insurance Policy 1
The 2016 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2016 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 crops, types, practices, sales closing date, and states indicated in the following table.
| Crop/Type/Practice Sales Closing Date/State | Exchange | Contract | Projected Price | Volatility Factor |
|---|---|---|---|---|
| Barley October 31 Sales Closing Date Arizona & California | CBOT | July Corn | $3.58/bushel | 0.18 |
| Barley Organic Practice October 31 Sales Closing Date Arizona & California | CBOT | July Corn | $6.56/bushel | 0.18 |
| Barley - Winter October 31 Sales Closing Date Nevada & Utah | CBOT | September Corn | $3.53/bushel | 0.21 |
| Barley - Winter Organic Practice October 31 Sales Closing Date Nevada & Utah | CBOT | September Corn | $6.46/bushel | 0.21 |
| Wheat - Winter October 31 Sales Closing Date Arizona & California | KCBT | July HRW Wheat | $5.32/bushel | 0.20 |
| Wheat - Winter Organic Practice October 31 Sales Closing Date Arizona & California | KCBT | July HRW Wheat | $9.82/bushel | 0.20 |
| Wheat - Durum October 31 Sales Closing Date Arizona & California | MGE | July HRS Wheat | $6.17/bushel | 0.19 |
| Wheat – Durum Organic Practice October 31 Sales Closing Date Arizona & California | MGE | July HRS Wheat | $11.38/bushel | 0.19 |
1 Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).
DISPOSAL DATE
December 31, 2015