Barley

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Malting Barley Endorsement (MBE) , under section 508(h) of the Federal Crop Insurance Act, on March 5, 2020.

The following changes are applicable for the 2021 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:

As of April 16, 2020 the following information is now available on the FTP site:

• 2018 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2019 Actuarial Data Master for the 4/30, 6/30, 8/31, 9/30, 11/30 Filing Date, YTD, and Daily Files.
• 2020 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

In accordance with Section 15 of the ARPI Crop Provisions, Section 14 of the MP Crop Provisions and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues and harvest margins for the 2018/2019 crop year will be available by close of business today in the following formats:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

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:

As of October 15, 2019 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.

Additional notes and details regarding this data release:

2020 ADM Price updated for barley and wheat projected price announcement, PM-19-056, 6/30 filing.

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 are applicable for the crops, types, practices, sales closing date, and states indicated in the following table.

Common Crop Insurance Policy and Area Risk Protection Insurance ¹

The 2019 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, sales closing dates, states, types, and practices indicated in the following table.