Cotton

Background

The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers, and wheat.

The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:

Background

In accordance with the Special Provisions, Price B will be established by adding premiums and/or discounts associated with the predominant cotton quality characteristics, as determined by the Farm Service Agency, to the Upland and Extra Long Staple (ELS) Cotton National Average Loan Rates. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.

As of March 04, 2022 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
• 2022 Actuarial Data Master for the 4/30, 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, 2, 3}

As of February 15, 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.

Users can find this information in the following directories:

• 2022 Actuarial Data Master are in the References/Actuarial_Data_Master/2022 directory.

Additional notes and details regarding this data release:

Common Crop Insurance Policy & Area Risk Protection Insurance ^{1, 2, 3, 4}

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2022 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 February 1, 2022 to February 28, 2022. These factors apply only to states with a Sales Closing Date (SCD) of March 15, 2022.

Common Crop Insurance Policy 1

The 2022 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2022 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:

Background

The CEPP - Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2022 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 January 15, 2022 to February 14, 2022. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2022.