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Product Management Bulletin-PM-24-048

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
John W. Underwood for Deputy Administrator /s/ John W. Underwood 8/9/2024
Subject
2024 Crop Year Rainfall Index April – May Index Interval Final Grid Indices for Annual Forage (Growing Seasons 3, 4, 5, 6, 7, and 8), Apiculture, and Pasture, Rangeland, Forage
2024 Crop Year Rainfall Index November – May Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage

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 April – May Index Interval Final Grid Indices for Annual Forage (Growing Seasons 3, 4, 5, 6, 7, and 8), Apiculture, and Pasture, Rangeland, Forage
  • 2024 Crop Year Rainfall Index November – May Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage

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, 2024