PRODUCT MANAGEMENT BULLETIN: PM16-041




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

Date

August 01, 2016

To:

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

From:

Thomas W. Worth, Acting Deputy Administrator /s/ Rodger M. Matthews, for.    8/1/2016

Subject:

2016 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2016 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with harvest prices are applicable for the crops, sales closing dates, states, practices and types indicated in the following table.


Crop/Sales Closing Date
State/Practice/Type
Exchange Contract Harvest Price
Barley
September 30 Sales Closing Date

New York (Winter Type), Pennsylvania (Winter Type) & West Virginia
CBOT
September Corn
$3.02/bushel
Barley – Organic Practice
September 30 Sales Closing Date

New York (Winter Type), Pennsylvania (Winter Type) & West Virginia
CBOT
September Corn
$5.53/bushel
Barley
September 30 Sales Closing Date

New York (Spring Type) & Pennsylvania (Spring Type)
CBOT
September Corn
$3.02/bushel
Barley – Organic Practice
September 30 Sales Closing Date

New York (Spring Type) & Pennsylvania (Spring Type) 
CBOT
September Corn
$5.53/bushel
Barley
March 15 Sales Closing Date

Iowa, Nebraska, New York (Spring Type) & Pennsylvania (Spring Type)
CBOT
September Corn
$3.02/bushel
Barley – Organic Practice
March 15 Sales Closing Date

Iowa, Nebraska, New York (Spring Type) & Pennsylvania (Spring Type)
CBOT
September Corn
$5.53/bushel
Wheat
September 30 Sales Closing Date

Delaware, Illinois, Indiana, Iowa (Winter Type), Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Virginia & West Virginia
CBOT
September SRW Wheat
$4.25/bushel
Wheat – Organic Practice
September 30 Sales Closing Date

Delaware, Illinois, Indiana, Iowa (Winter Type), Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Virginia & West Virginia
CBOT
September SRW Wheat
$7.85/bushel
Wheat
September 30 Sales Closing Date

Colorado (Winter Type), Nebraska (Winter Type) & South Dakota (Winter Type)
KCBT
September HRW Wheat
$4.15/bushel
Wheat – Organic Practice
September 30 Sales Closing Date

Colorado (Winter Type), Nebraska (Winter Type) & South Dakota (Winter Type)
KCBT
September HRW Wheat
$7.66/bushel
1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).
DISPOSAL DATE
December 31, 2016
USDA is an Equal Opportunity Employer and Provider