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The 2021 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III is available electronically via the Risk Management Agency (RMA) website at www.rma.usda.gov/Policy-and-Procedure under the Appendix III/M-13 directory.
Modifications in the 2021 Appendix III include the following crop insurance program changes:
The Federal Crop Insurance Corporation Board of Directors approved changes to the Malting Barley Endorsement (MBE) , under section 508(h) of the Federal Crop Insurance Act, on March 5, 2020.
The following changes are applicable for the 2021 and succeeding crop years:
Common Crop Insurance Policy & Area Risk Protection Insurance 1
As of September 18, 2019 the following information is now available on the FTP site:
Users can find this information in the following directories:
Additional notes and details regarding this data release:
Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2019 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types and practices indicated in the following table.
The Federal Crop Insurance Act (Act) allows developers of approved privately-developed crop insurance products (“508(h) products”) to maintain their 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy. Section 522(b)(4)(D)(ii) of the Act and 7 C.F.R. 400.712(l)(5) provide that the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) will determine the reasonableness and approve the amount of user fee that is payable to the developer by the AIP.
Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2018 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types and practices indicated in the following table.
