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Product Management Bulletin-PM-16-061

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
Stacked Income Protection Plan (STAX) Modifications

The Agricultural Act of 2014 (Farm Bill) instructed the Risk Management Agency (RMA) to offer the Stacked Income Protection Plan of Insurance (STAX) to upland cotton producers which became effective for the 2015 insurance year and was available in all counties where insurance for upland cotton is available (see MGR-14-011).

After considering feedback and input from various program participants, RMA is making the following modification to the STAX program:

  • Allow producers to purchase STAX in conjunction with the Whole-Farm Revenue Protection program.

RMA will place, by close of business today, the 2017 crop year STAX Crop Provisions on the RMA Web site at http://www.rma.usda.gov/policies.

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

DISPOSAL DATE: December 31, 2016.