PRODUCT MANAGEMENT BULLETIN: PM16-061




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

Date

November 29, 2016

To:

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

From:

Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy    11/29/2016

Subject:

Stacked Income Protection Plan (STAX) Modifications
Background

The Agricultural Act of 2014 (Farm Bill) instructed the Risk Management Agency (RMA) to offer the Stacked Income Protection Plan of Insurance (STAX) to upland cotton producers which became effective for the 2015 insurance year and was available in all counties where insurance for upland cotton is available (see MGR-14-011).

After considering feedback and input from various program participants, RMA is making the following modification to the STAX program:

  • Allow producers to purchase STAX in conjunction with the Whole-Farm Revenue Protection program.
Action

RMA will place, by close of business today, the 2017 crop year STAX Crop Provisions on the RMA Web site at http://www.rma.usda.gov/policies.

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA Web site: http://www.rma.usda.gov.


DISPOSAL DATE:
December 31, 2016.

USDA is an Equal Opportunity Employer and Provider