Oats

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of August 1, 2024, through August 31, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: prodwebnlb.rma.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by September 5, 2024:

Background

The Risk Management Agency (RMA) derives prices for certain programs by applying factors to projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors for organic oats and organic rye are provided below.

Action

Organic Oats Price Factor

The “CEPP Section II: Oats” document authorizes RMA to derive organic oat prices. In accordance with this document, the following 2025 CY organic price factors will be applied to derive organic oat prices:

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, Section 14 of the MP Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2023 crop year will be available by close of business May 15, 2024, in the following formats:

As of May 14, 2024 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 6/30, 9/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.

Additional notes and details regarding this data release: