Soybeans

Common Crop Insurance Policy & Area Risk Protection Insurance 1, 2, 3, 4

Background

Climate change, soil degradation, and depletion of natural resources are becoming prominent challenges for crop productivity and environmental sustainability in modern agriculture. Producers using conventional farming systems have limited choices available to cope with these issues. RMA has received questions from policyholders and Approved Insurance Providers on whether relay cropping is an insurable practice.

Relay cropping is defined as:

Common Crop Insurance Policy 1

The 2022 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2022 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors apply to policies with a January 31 sales closing date and are applicable for the crops, types, practices and states indicated below:

Common Crop Insurance Policy & Area Risk Protection Insurance 1,2

The 2021 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, practices, sales closing dates, and states indicated in the following table.

As of October 01, 2021 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2021 Actuarial Data Master are in the References/Actuarial_Data_Master/2021 directory.

Additional notes and details regarding this data release:

Common Crop Insurance Policy 1

The 2021 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.

As of August 25, 2021 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 4/30, 11/30 Filing Date, YTD, and Daily Files.
• 2022 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

The 2016 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, practices, sales closing dates and states indicated in the following table.