Fresh Market Beans

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2025 crop year having a June 30 contract change date. The following attachment, 2025 Expansion of Existing Fall Crop Programs, lists the expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2025 crop year.

DISPOSAL DATE:
December 31, 2024.

Background

The Risk Management Agency (RMA) is issuing the following changes to the Fresh Market Bean crop insurance program.

For the 2025 and succeeding crop years:

• In Florida, expand insurance coverage to two counties and add a “winter” type.
• In North Carolina, allow producers to use their processing bean history to qualify for fresh market bean insurance coverage.

Action

The Fresh Market Bean Crop Provisions (25-0105) will be available by close of business today on the RMA website at www.rma.usda.gov.

As of June 27, 2024 the following information is now available on the FTP site:

• 2025 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2025 Special Provisions for the 6/30 Filing Date. 

Users can find this information in the following directories:

• 2025 Actuarial Data Master are in the References/Actuarial_Data_Master/2025 directory.
• 2025 Special Provisions are in the Special_Provisions/2025 directory. 

Additional notes and details regarding this data release:

Background

As of June 26, 2024 the following information is now available on the FTP site:

• 2025 Actuarial Data Master for the 4/30, 6/30 Filing Date, YTD, and Daily Files.
• 2025 Special Provisions for the 4/30, 6/30 Filing Date.

Users can find this information in the following directories:

The Federal Crop Insurance Corporation (FCIC) amended the Common Crop Insurance Provisions Basic Provisions, Area Risk Protection Insurance Basic Provisions, and 20 individual Crop Provisions for the 2023 and succeeding crop years for the June 30, 2022, contract change date and for the 2024 crop year for crops with a contract change date prior to June 30, 2022, with the following changes:

The Federal Crop Insurance Corporation Board of Directors approved changes to the Fresh Market Bean crop insurance program on November 19, 2021.

The following changes are applicable for the 2022 and succeeding crop years:

• Convert the policy from pilot to permanent status.
• Apply the overplanting factor to production to count to ensure claims are calculated on the same basis as the guarantee.