Processing Beans
PM-24-039.2 Expanding Options for Specialty and Organic Growers (EOSOG) Final Rule Effective for the 2025 and Succeeding Crop Years
BACKGROUND:
The Risk Management Agency (RMA) issued Product Management Bulletin PM-24-039 on June 27, 2024, announcing changes to several policies under the Expanding Options for Specialty and Organic Growers (EOSOG) Final Rule. The Common Crop Insurance Provisions Basic Provisions, Area Risk Protection Insurance Basic Provisions, and 7 individual Crop Provisions were released at that time.
Actuarial Release 24-039
As of September 20, 2024 the following information is now available on the FTP site:
- 2024 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
- 2025 Actuarial Data Master for the 4/30, 9/30 Filing Date, YTD, and Daily Files.
Users can find this information in the following directories:
PM–24-039
Background
Today, June 27, 2024, the Federal Crop Insurance Corporation (FCIC) published a final rule in the Federal Register that amended Subpart J (Appeal Procedure), Common Crop Insurance Policy (CCIP), Basic Provisions and Area Risk Protection Insurance (ARPI), Basic Provisions, and various Crop Provisions.
PM–24-034
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 June 13, 2024, in the following formats:
PM-23-027
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 2022 crop year will be available by close of business today in the following formats:
Actuarial 23-009
As of February 16, 2023 the following information is now available on the FTP site:
- 2023 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31, 11/30, 12/31 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:
PM-23-010
Additional Price Elections:
In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for processing beans in select states.
Actuarial 23-001
As of January 11, 2023 the following information is now available on the FTP site:
- 2022 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
- 2023 Actuarial Data Master for the 8/31, 11/30 Filing Date, YTD, and Daily Files.
Users can find this information in the following directories: