All Risk Management Agency Field Offices
All Other Interested Parties
The Malting Barley Endorsement (MBE) utilizes a Chicago Board of Trade (CBOT) soft red wheat price component to derive the 2018 CY projected price for any insured whose malt barley contract provides for a premium amount above or below a base price to be determined, and whose base price is not determined by the acreage reporting date. Please see the MBE for details: /policies/2018/18-0091b.pdf.
| Malt Barley Type | Exchange | Contract | Projected Price Component | Volatility Factor |
| Fall Planted Type | CBOT | September SRW Wheat | $5.02/bushel | 0.18 |
The following 2018 CY margin projected prices and volatility factors are approved for the Margin Protection Plan. The margin projected price is used in conjunction with projected input prices and the expected county yield to derive the expected margin (per acre), trigger margin (per acre) and liability. The expected margins for each crop/county are available at the following web page on RMA’s public website: webapp.rma.usda.gov/apps/actuarialinformationbrowser/. Please see the following web page on RMA’s public website for program details: Margin Protection for Corn, Rice, Soybeans, and Wheat.
| Crop/State(s)/Type | Exchange | Contract | Margin Projected Price | Volatility Factor |
| Corn – Grain Type All Insured States | CBOT | December Corn | $3.97/bushel | 0.18 |
| Soybeans All Insured States | CBOT | November Soybeans | $9.66/bushel | 0.16 |
| Wheat – Hard Red Spring Type Minnesota, Montana, North Dakota & South Dakota | MGE | September HRS Wheat | $6.30/bushel | 0.30 |
| *Corn for silage yields are set equal to corn for grain yields and are measured in bu/acre. Preliminary yields were updated on 9/14/17 on the marginprotection.com price discovery website. | ||||