PRODUCT MANAGEMENT BULLETIN: PM–16-042
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 15, 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 8/15/2016
Subject:
2017 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors Announcement
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Common Crop Insurance Policy 1 The 2017 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2017 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 are applicable for the crop, types, and states indicated in the following table.
DISPOSAL DATECrop/Type/State Exchange Contract Projected Price Volatility Factor Canola – Canola Type
Kansas, Oklahoma & Texas
ICE
July
Canola$0.166/pound 0.15 Canola – Rapeseed Type
Oklahoma
ICE
July
Canola$0.221/pound 0.00 Canola – Canola Type
Idaho (Fall), Oregon (Fall) & Washington (Fall)
ICE
November
Canola$0.168/pound 0.16 Canola – Rapeseed Type
Idaho (Fall), Oregon (Fall) & Washington (Fall)
ICE
November
Canola$0.230/pound 0.00 1 Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).
December 31, 2016