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The 2017 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.
The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2018 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of December 15, 2017 to January 14, 2018. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2018.
In accordance with Section 3 of the ARPI Crop Provisions, approved final county yields, final and county revenues for the 2016 crop year cotton will be available by close of business today in the following formats:
In accordance with Section 10 of the SCO Endorsement and Section 9 of the STAX Crop Provisions, approved Final Area Yields and Final Area Revenues for 2016 crop year will be available by close of business today in the following formats:
The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2018 crop year. The following attachment, 2018 Expansion of Existing Spring Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.
Approved Insurance Providers should advise agents and in turn producers of the expanded county crop programs for the 2018 crop year to allow producers the opportunity to purchase crop insurance.
Hurricane Harvey has caused catastrophic damage in many counties in Texas and Louisiana. The Risk Management Agency (RMA), in conjunction with Approved Insurance Providers (AIPs), recognize the need for authorizing emergency loss adjustment procedures that will streamline certain loss determinations on specific crops to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.
A hurricane warning has been issued for the Texas Gulf coast as Tropical Storm Harvey is expected to make landfall between August 25, 2017 and August 27, 2017. It is projected that some areas along the Gulf coast could receive twenty inches of rain or more in a short period of time. Insured producers in the impacted region have begun cotton harvest and are experiencing record yields. Cotton gins are unable to keep up with producers’ production and as a result, there are cotton modules stored in fields at risk of flooding.
