PRODUCT MANAGEMENT BULLETIN: PM–16-041
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
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
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
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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/TypeExchange 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).
December 31, 2016