Rapeseed

BACKGROUND:

The Federal Crop Insurance Corporation (FCIC) revised the Canola and Rapeseed Crop Provisions to allow enterprise units by type.

The changes are effective beginning with the 2027 crop year for counties with a June 30, 2026, contract change date, and for the 2028 crop year for all other counties.

ACTION:

The Canola and Rapeseed Crop Provisions (27-0015) will be available by June 30, 2026, on the Risk Management Agency (RMA) website at www.rma.usda.gov.

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2025 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of July 15, 2024, through August 14, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by August 19, 2024:

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2023 CY harvest prices for insurance offers with a harvest price discovery period of September 1, 2023, through September 30, 2023. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by October 4, 2023:

For COMBO, the Risk Management Agency (RMA) approved 2023 CY harvest prices for insurance offers with a harvest price discovery period of August 15, 2023, through September 14, 2023. For COMBO and ARPI, RMA approved 2024 CY projected prices and volatility factors for insurance offers with a projected price discovery period of August 15, 2023, through September 14, 2023. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2023 CY harvest prices for insurance offers with a harvest price discovery period of August 1, 2023, through August 31, 2023. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery

These values will also be available at the following locations on RMA’s website by September 6, 2023:

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of July 15, 2023, through August 14, 2023. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by August 17, 2023:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

Common Crop Insurance Policy and Area Risk Protection Insurance ¹

The 2022 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 – Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types, and practices indicated in the following table.

Common Crop Insurance Policy ¹

The 2022 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.