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The Federal Crop Insurance Corporation (FCIC) amended the Common Crop Insurance Provisions Basic Provisions, Area Risk Protection Insurance Basic Provisions, and 20 individual Crop Provisions for the 2023 and succeeding crop years for the June 30, 2022, contract change date and for the 2024 crop year for crops with a contract change date prior to June 30, 2022, with the following changes:
The Federal Crop Insurance Corporation's Board of Directors (Board) approved revisions to the Dairy Revenue Protection (DRP) plan of insurance, under section 508(h) of the Federal Crop Insurance Act, on February 17, 2022. The following revisions are applicable for the 2023 and succeeding crop years:
Common Crop Insurance Policy & Area Risk Protection Insurance 1, 2, 3
Common Crop Insurance Policy & Area Risk Protection Insurance 1, 2, 3, 4
Common Crop Insurance Policy & Area Risk Protection Insurance 1,2
The 2021 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.
As of November 29, 2021 the following information is now available on the FTP site:
Users can find this information in the following directories:
The Risk Management Agency (RMA) is issuing a new Micro Farm policy intended to provide additional insurance options for small-scale producers. The Micro Farm policy was designed based on research required under the 2018 Farm Bill. And, the policy development process included obtaining feedback from small-scale producers that have grown products for their local communities.
The Micro Farm policy is offered through Whole-Farm Revenue Protection (WFRP) and is enhanced to better meet the needs of small-scale farms. This includes:
