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Product Management Bulletin-PM-22-027

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
Hybrid Vegetable Seed Changes Effective for the 2023 and Succeeding Crop Years

The Federal Crop Insurance Corporation’s Board of Directors (Board) approved revisions to the Hybrid Vegetable Seed plan of insurance, under section 508(h) of the Federal Crop Insurance Act, on February 17, 2022. The policy was revised to determine the amount of insurance in terms of gross acres instead of female acres.

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

  • Hybrid Vegetable Seed Crop Provisions (23-0066)
  • Hybrid Vegetable Seed Insurance Standards Handbook (20500U)

Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at /Information-Tools/Agent-Locator-Page.

DISPOSAL DATE: December 31, 2023