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Malting Barley

PM-21-055

Common Crop Insurance Policy 1

The 2021 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection and Revenue Protection with Harvest Price Exclusion. The harvest prices are applicable for the crop, sales closing date, states and practices indicated in the following table.

PM-21-033

The Federal Crop Insurance Corporation Board of Directors approved changes to the Malting Barley Endorsement, under section 508(h) of the Federal Crop Insurance Act, on May 21, 2021.

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

  • Expand to Decatur and Ripley Counties in Indiana and Medina County in Ohio.
  • Clarify and align claim-related date specifications with other procedure and policy.

PM-16-049

 

Malting Barley Endorsement

 

The Malting Barley Endorsement (MBE) utilizes a Chicago Board of Trade (CBOT) soft red wheat price component to derive the 2017 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: www.rma.usda.gov/policies/2017/17-0091b.pdf.

PM-16-031

The Malting Barley Endorsement to the Small Grains Crop Provisions approved under section 508(h) of the Federal Crop Insurance Act was implemented beginning with the 2016 crop year. Revisions to the Malting Barley Endorsement have been made for the 2017 crop year as follows:

Actuarial 21-004

As of January 28, 2021 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 4/30, 6/30, 12/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-16-001

Background

The Malting Barley Endorsement (MBE) is a private product approved under section 508(h) of the Federal Crop Insurance Act and was implemented beginning with the 2016 crop year. Section 8(c)(4) of the MBE specifies that all samples of farm-stored production used to determine eligibility for quality adjustment must be obtained no later than 30 days after the end of the insurance period.