INFORMATIONAL MEMORANDUM: PM16-016




1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

February 29, 2016

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Tim B. Witt /s/ Tim B. Witt    2/29/2016

Subject:

2016 Crop Year (CY) Additional Price Elections for Selected Actual Production History (APH), and related Supplemental Coverage Option (SCO), Dry Bean Types and Dry Pea Types with a March 15, 2016 Sales Closing Date (SCD)
Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH and SCO dry bean types and dry pea types with a March 15, 2016 SCD.


Dry Beans / APH and / or SCO
Insurance Plans:
State: South Dakota
Additional Price Election Established Price Election CAT Price Election
($ / pound) ($ / pound) ($ / pound)
Type: Great Northern $0.21 $0.17 $0.1155
Type: Pea (Navy) $0.22 $0.20 $0.1210
Type: Pink $0.23 $0.22 $0.1265
Type: Pinto (non-organic) $0.22 $0.20 $0.1210
Type: Pinto (organic) $0.33 $0.30 $0.1815
Type: Small White $0.22 $0.20 $0.1210
       
Dry Beans / APH and / or SCO
Insurance Plans:
Region: Rest of United States
Additional Price Election Established Price Election CAT Price Election
($ / pound) ($ / pound) ($ / pound)
Type: Great Northern $0.23 $0.17 $0.1265
Type: Pink
$0.23 $0.22 $0.1265
Type: Pinto (non-organic)
$0.22
$0.20 $0.1210
Type: Pinto (organic)
$0.33 $0.30 $0.1815
Type: Small Red
$0.26 $0.24 $0.1430
       
Dry Peas / APH and / or SCO
Insurance Plans:
State: Oregon
Additional Price Election Established Price Election CAT Price Election
($ / pound) ($ / pound) ($ / pound)
Type: Spring Smooth Green/Yellow (non-organic) $0.16 $0.10 $0.0880
Type: Spring Smooth Green/Yellow (organic)
$0.24 $0.15 $0.1320
Type: Spring Small Kabulis (non-organic)
$0.25 $0.21 $0.1375
Type: Spring Small Kabulis (organic)
$0.38 $0.32 $0.2090
Type: Spring Large Kabulis (non-organic)
 $0.31 $0.28 $0.1705
Type: Spring Large Kabulis (organic)
$0.47 $0.42 $0.2585
       
Dry Peas / APH and / or SCO
Insurance Plans:
States: Colorado, Minnesota, Nebraska, South Dakota, Wyoming
Additional Price Election Established Price Election CAT Price Election
($ / pound) ($ / pound) ($ / pound)
Type: Spring Smooth Green/Yellow (non-organic) $0.11 $0.09 $0.0605
Type: Spring Smooth Green/Yellow (organic)
$0.17
$0.14
$0.0935
Type: Spring Lentils (non-organic)
$0.26 $0.22 $0.1430
Type: Spring Lentils (organic)
$0.39
$0.33 $0.2145
Type: Spring Small Kabulis (non-organic)
$0.23 $0.19 $0.1265
Type: Spring Small Kabulis (organic)
$0.35 $0.29 $0.1925
Type: Spring Large Kabulis (non-organic)
$0.32 $0.25 $0.1760
Type: Spring Large Kabulis (organic)
$0.48 $0.38 $0.2640
       
DISPOSAL DATE
December 31, 2016
USDA is an Equal Opportunity Employer and Provider