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The Federal Crop Insurance Corporation (FCIC) revised the Canola and Rapeseed Crop Provisions for the 2021 and succeeding crop years. These provisions were revised to clarify policy provisions and for consistency with other crop provisions that offer coverage on both fall and spring-planted acreage of the crop in the same county.
The following document will be available by close of business today on the RMA website at www.rma.usda.gov:
The policy provisions of the Whole-Farm Revenue Protection (WFRP) program allow producers and approved insurance providers to request an interpretation of policy or procedure. The provisions relating to requesting an Interpretation of Procedure (IoP) are set forth in section 33(a)(1) of the WFRP policy, which require IoPs to be made in accordance with 7 C.F.R. § 400, subpart X (“subpart X”).
Common Crop Insurance Policy & Area Risk Protection Insurance 1
Common Crop Insurance Policy & Area Risk Protection Insurance 1
Common Crop Insurance Policy & Area Risk Protection Insurance 1
Common Crop Insurance Policy 1
The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 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:
Dry Pea and Dry Bean Revenue Endorsement Harvest Prices1
The 2019 CY harvest prices shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The harvest prices are applicable for the crops, types, and states with a March 15, 2019, sales closing date.
The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2020 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, 2020 to February 14, 2020. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2020 and are determined in accordance with the Peanut Price Methodology guidelines.
As of September 16, 2019 the following information is now available on the FTP site:
Users can find this information in the following directories:
The Agricultural Improvement Act of 2018 (Farm Bill) enacted on December 20, 2018, includes language in Section 11122 to improve effectiveness of WFRP. Per the Farm Bill, the Risk Management Agency (RMA) held several stakeholder meetings with agents, producers, and grower groups to solicit recommendations to increase flexibility and effectiveness of the program. As a result of these meetings, RMA presented several changes to the Federal Crop Insurance Corporation Board of Directors (FCIC Board).
