Whole-Farm Revenue Protection

 Common Crop Insurance Policy ¹

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2017 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, 2017 to February 14, 2017. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2017. They are determined in accordance with the Peanut Price Methodology guidelines.

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.

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.

As of August 28, 2020 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2021 Special Provisions for the 8/31 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

Background

The Agricultural Improvement Act of 2018 (Farm Bill) enacted on December 20, 2018, includes language in Section 11122 to research ways to reduce paperwork and recordkeeping requirements for direct marketed commodities under the Whole-Farm Revenue Protection (WFRP) plan of insurance. As a result, RMA presented several changes to the Federal Crop Insurance Corporation Board of Directors (FCIC Board). In addition, RMA worked with stakeholders to identify other improvements to WFRP not related to the Farm Bill.

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 crop, types, and states indicated in the following table. 

As of August 13, 2020 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 8/31, 9/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
• 2021 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2021 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories: