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Policy & Procedure

Product Management Bulletin-PM-15-054 Hybrid Seed Rice Insurance Program - 2016 and Succeeding Crop Years

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Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Tim B. Witt, Deputy Administrator /s/ Tim B. Witt
Subject
Hybrid Seed Rice Insurance Program - 2016 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation Board of Directors approved the Hybrid Seed Rice (HSR) insurance program, a privately developed product that was submitted and approved under section 508(h) of the Federal Crop Insurance Act in May 2015. The HSR program provides coverage for the production of seed stock, which provides seed to producers. HSR will be available in certain Arkansas, Louisiana, and Texas counties and is designed similar to other hybrid seed crop insurance programs currently available.

Action

The HSR policy and applicable procedures will be available by close of business today on the RMA Web site at: www.rma.usda.gov/.

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA Web site at: www.rma.usda.gov/tools-reports/agent-locator.

DISPOSAL DATE:
December 31, 2015