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Revenue Protection

PM-25-016 2025 Crop Year Dry Bean and Dry Pea Prices and Volatility Factors for states with a March 15, 2025, Sales Closing Date

In accordance with the Dry Bean Revenue Endorsement and the Dry Pea Revenue Endorsement, the Risk Management Agency (RMA) approved 2025 CY projected prices for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2025 CY volatility factors for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

PM-24-028

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2025 and succeeding crop years:

Livestock Risk Protection changes include:

PM-24-016

The Risk Management Agency (RMA) approved the 2024 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2024 CY volatility factors shown below for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

MGR-24-001

Background

The Risk Management Agency (RMA) periodically receives inquiries from producers who are interested in WFRP and Micro Farm but are unable to find an agent willing to sell and service these policies. In 2022 and 2023, RMA conducted extensive outreach to directly educate producers, agents, and Approved Insurance Providers (AIPs) about WFRP and Micro Farm. Over 2,000 people attended these events with feedback resulting in meaningful policy updates and an increase in Micro Farm sales.

PM-23-015

The Risk Management Agency (RMA) approved the 2023 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2023 CY volatility factors shown below for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

PM-22-076

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2022 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.