Corn

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 apply to policies with a January 31 sales closing date and are applicable for the crops, types, practices and states indicated below:

The Federal Crop Insurance Corporation revised the Hybrid Sweet Corn Seed Crop Provisions to clarify the definitions of hybrid sweet corn seed processor contract and amount of insurance per acre. The changes are applicable for the 2020 and succeeding crop years.

The Hybrid Sweet Corn Seed Crop Provisions (20-0093) will be available by close of business today on the RMA website at www.rma.usda.gov.

Background

The High Amylose and the White and Waxy Specialty Corn Crop Insurance Programs implemented for the 2016 and 2019 crop years were developed under Section 508(h) of the Federal Crop Insurance Act by Sheer Simplexity, Inc. Effective September 27, 2019, maintenance of these products has been transferred to the Risk Management Agency (RMA).

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.

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.

Common Crop Insurance Policy & 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 with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types and practices indicated in the following table.