Corn

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

Common Crop Insurance Policy¹

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2023 crop year having a November 30 through December 31 contract change date. The following attachment, 2023 Expansion of Existing Spring Crop Programs, lists the expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2023 crop year. 

DISPOSAL DATE: 
June 30, 2023.

Background

The Risk Management Agency (RMA) issued Product Management Bulletin PM-22-072 on November 28, 2022, announcing changes to the Small Grains Crop Provisions and the Small Grains Crop Provisions were released at that time. The amended Small Grains Crop Provisions expanded revenue coverage to oats and rye, matching available coverage for barley and wheat. The changes are effective for spring oats for the 2023 and succeeding crop years and for winter oats and rye for the 2024 and succeeding crop years.

As of December 01, 2022 the following information is now available on the FTP site:

• 2022 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2023 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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.

As of November 30, 2022 the following information is now available on the FTP site:

• 2022 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

As of November 28, 2022 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

• 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.
• 2023 Special Provisions are in the Special_Provisions/2023 directory.

Additional notes and details regarding this data release:

Background

The Federal Crop Insurance Corporation (FCIC) amended the Small Grains Crop Provisions and the Processing Sweet Corn Crop Provisions.