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Wheat

PM-17-027: Margin Protection Plan of Insurance - Modifications Effective for 2018 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board), on February 15, 2017, approved the following modifications to the Margin Protection (MP) Plan of Insurance for corn, wheat, rice and soybeans pilot program beginning with the 2018 crop year:

PM-17-029: Commodity Exchange Price Provisions for the 2018 and Succeeding Crop Years

Background

The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat. The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:

PM-20-076: 2020 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Harvest Prices Announcement

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

The 2020 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, types, practices, sales closing dates and states indicated in the following table.

Actuarial Release 20-047

As of October 15, 2020 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 2/28 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-20-072: 2021 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement

Common Crop Insurance Policy 1 

The 2021 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2021 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 are applicable for the crops, types, practices, sales closing date and states indicated in the following table.

Actuarial Release 20-046

As of October 06, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 10/31, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories: