PRODUCT MANAGEMENT BULLETIN: PM–16-004
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
To:
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Subject:
- Margin Protection Plan
-
The following 2016 CY margin projected prices and volatility factors are approved for the Margin Protection Plan. The margin projected price is used in conjunction with projected input prices and the expected county yield to derive the expected margin (per acre), trigger margin (per acre) and liability. The expected margins for each crop/county are available at the following web page on RMA’s public website: webapp.rma.usda.gov/apps/actuarialinformationbrowser/.
Please see the following web page on RMA’s public website for program details: www.rma.usda.gov/Policy-and-Procedure/Insurance-Plans/Margin-Protection-for-Corn-Rice-Soybeans-and-Wheat.
Crop/Type Exchange Contract Margin Protection Price Volatility Factor Rice - Long Grain Type & No Type Specified
TexasCBOT September Rice $0.120/pound 0.14 Rice - Medium & Short Grain Types
TexasCBOT September Rice $0.136/pound 0.14 Disposal Date
December 31, 2016