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Actuarial Release 24-010

As of March 19, 2024 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30, 6/30, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-23-007: Relay Cropping Practice Insurable by Written Agreement for Soybeans seeded into a small grain crop or camelina for the 2024 and Succeeding Crop Years

Background

Beginning in February 2022, the Risk Management Agency (RMA) allowed written agreements for a new relay cropping practice for soybeans seeded into a small grain crop through Manager’s Bulletin MGR-22-002 and, subsequently, through MGR-22-009 for the 2023 crop year. This MGR replaces MGR-22-009 beginning with the 2024 crop year.

Actuarial Release 23-047

As of November 16, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 8/31, 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 8/31, 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

PM-23-054: 2023 Crop Year (CY) Common Crop Insurance Policy (COMBO) Harvest Prices and 2024 CY COMBO and Area Risk Protection Insurance (ARPI) Projected Prices and Volatility Factors

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.

Actuarial Release 23-036

As of September 15, 2023 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-23-003: 2024 Crop Year County Fall Crop Program Expansion

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2024 crop year having a June 30 contract change date. The following attachment, 2024 Expansion of Existing Fall Crop Programs, lists the expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2024 crop year. 

DISPOSAL DATE: 
December 31, 2023. 

PM-23-028: 2024 Crop Year Organic Oats and Rye Price Factors

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 2024 CY organic price factor will be applied to derive organic oats prices: