PRODUCT MANAGEMENT BULLETIN: PM–17-029
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Washington, DC 20250-0801
All Risk Management Agency Field Offices
All Other Interested Parties
The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat.
The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:
- Section I: General Information. This section contains information relevant for all applicable crops, including definitions and common policy materials.
- Section II: Price Definitions. This section contains crop-specific projected and harvest price definitions and specifications, including commodity exchanges, contracts and discovery periods.
The Risk Management Agency (RMA) updated the following CEPP documents for the 2018 and succeeding crop years:
- Section II: Barley
- Section II: Canola
- Section II: Grain Sorghum
- Section II: Rice
- Section II: Wheat
All other CEPP documents are carried over from last year and are applicable for the 2018 and succeeding crop years. We will post the updated CEPP documents on the RMA Website at www.rma.usda.gov/policies/CEPP.html by close of business today.
December 31, 2017