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Product Management Bulletin-PM-25-020 Rainfall Index - Final Index Values and Payment Factors for intervals ending January 2025

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
2024 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage (Growing Seasons 11 and 12);
2024 Crop Year Rainfall Index July – January Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage;
2025 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage (Growing Seasons 1, 2, 3, and 4)

Background

In accordance with Section 8 of the Rainfall and Vegetation Index Plan Common Policy Basic Provisions, final grid indices and payment calculation factors have been determined and approved for the following:

  • 2024 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage (Growing Seasons 11 and 12)
  • 2024 Crop Year Rainfall Index July – January Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage
  • 2025 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage (Growing Seasons 1, 2, 3, and 4)

Action

By close of business today, final grid indices and payment calculation factors will be available in the Actuarial Information Browser (AIB) and Actuarial Data Master (ADM) in the following formats:

In accordance with section 8(d), any payments owed shall be issued no later than 60 days from the date of this notice.

DISPOSAL DATE:
December 31, 2025