Corn

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of August 1, 2024, through August 31, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by September 5, 2024:

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: