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The Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Margin Protection (MP) crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on November 17, 2022. The MP Provisions are also being revised to clarify a producer with an MP policy cannot transfer their base policy to another insurance provider or cancel their base policy to obtain insurance from another insurance provider.
As of June 28, 2023 the following information is now available on the FTP site:
Users can find this information in the following directories:
As of April 14, 2023 the following information is now available on the FTP site:
Users can find this information in the following directories:
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 2021/2022 crop year will be available by close of business today in the following formats:
Common Crop Insurance Policy & Area Risk Protection Insurance 1
The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2023 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of February 1, 2023, to February 28, 2023. These factors apply only to states with a SCD of March 15, 2023.
Common Crop Insurance Policy1
The 2023 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2023 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:
The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2023 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of January 15, 2023, to February 14, 2023. These factors apply only to states with a SCD of February 28, 2023.
The CEPP – Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2023 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of December 15, 2022, to January 14, 2023. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2023.
