Corn

Background

The Risk Management Agency (RMA) is revising the Margin Protection (MP) Provisions to clarify how first, and second crop rules apply to MP. Terminology in the Provisions are also being updated to be consistent with other area plans.

Action

The following documents will be available by close of business today on the Risk Management Agency (RMA) website at www.rma.usda.gov.

Background

The 2025 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III will be available tomorrow electronically via the Risk Management Agency (RMA) website at www.rma.usda.gov/Policy-and-Procedure/Appendix-III-M13-Handbook-Index under the Appendix III/M-13 directory.

Action

Modifications in the 2025 Appendix III include the following crop insurance program changes:

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, Section 14 of the MP Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2023 crop year will be available by close of business June 13, 2024, in the following formats:

As of June 13, 2024 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
• 2024 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
• 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories: