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Product Management Bulletin-PM-24-010

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
John W. Underwood for Deputy Administrator
Subject
2024 Crop Year (CY) Additional Price for Tobacco

Additional Price Election:

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing an additional price (a new Maximum Over Established Price) for contracted flue-cured tobacco covered by the Tobacco Policy.

2024 CY Tobacco Additional Price ($/pound)

Practice Type New Maximum Over Established Price Initial Maximum Over Established Price
All Types 11-14 (Flue-Cured) Contracted $2.25 $2.15
DISPOSAL DATE December 31, 2024