PRODUCT MANAGEMENT BULLETIN: PM17-040




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

Date

July 03, 2017

To:

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

From:

Richard Flournoy Deputy Administrator /s/ Richard H. Flournoy    7/3/2017

Subject:

2017 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
Background

The 2017 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices and types indicated in the following table.

 

Crop/Sales Closing Date/ States/Practice/Type
Exchange
Contract
Harvest Price
 Barley
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia
 CBOT  July
Corn
 $3.25/bushel
 Barley – Organic Practice
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia
 CBOT  July
Corn
 $6.94/bushel

Harvest Prices are applicable for the Supplemental Coverage Option (SCO).

2017 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance
Harvest Prices Announcement

 Crop/Sales Closing Date/ States/Practice/Type  Exchange Contract
 Harvest Price
 Barley
September 30 Sales Closing Date
Kansas (Spring Types)
 CBOT  July
Corn
 $3.25/bushel
 Barley – Organic Practice
September 30 Sales Closing Date
Kansas (Spring Types
CBOT
 July
Corn
 $6.94/bushel
 Barley
October 31 Sales Closing Date
Arizona & California
 CBOT  July
Corn
 $3.25/bushel
 Barley – Organic Practice
October 31 Sales Closing Date
Arizona & California
 CBOT  July
Corn
 $6.94/bushel
 Barley
March 15 Sales Closing Date
Kansas (Spring Types)
 CBOT  July
Corn
 $3.25/bushel
 Barley – Organic Practice
March 15 Sales Closing Date
Kansas (Spring Types
 CBOT  July
Corn
 $6.94/bushel
 Canola
August 31 Sales Closing Date
Kansas, Oklahoma & Texas
 ICE  July
Canola
 $0.175/pound
 Canola – Rapeseed Type*
August 31 Sales Closing Date
Oklahoma
*Harvest Price is set equal to Projected Price.
 ICE  July
Canola
 $0.221/pound
 Canola
September 30 Sales Closing Date
Alabama, Georgia, Illinois, Indiana, Kentucky,
North Carolina, South Carolina, Tennessee & Virginia
 ICE  July
Canola
 $0.175/pound
 Canola – Rapeseed Type*
September 30 Sales Closing Date
Alabama, Georgia, Illinois, Indiana, Kentucky,
North Carolina, South Carolina, Tennessee & Virginia
*Harvest Price is set equal to Projected Price.
 ICE  July
Canola
 $0.229/pound

Harvest Prices are applicable for the Supplemental Coverage Option (SCO).

 2017 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance
Harvest Prices Announcement

 

 Crop/Sales Closing Date/
States/Practice/Type
Exchange Contract Harvest Price
 Sunflowers – Oil Type
January 31 Sales Closing Date
Texas
 CBOT  July
Soybean Oil
 $0.170/pound
 Sunflowers – Confectionary Type
January 31 Sales Closing Date
Texas
 CBOT  July
Soybean Oil
 $0.274/pound
 Sunflowers – Confectionary Type
January 31 Sales Closing Date
Texas
 CBOT  July
Soybean Oil
 $0.260/pound
 Wheat
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi,
North Carolina, South Carolina & Tennessee
 CBOT  July
SRW Wheat
 $4.54/bushel
 Wheat – Organic Practice
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi,
North Carolina, South Carolina & Tennessee
 CBOT  July
SRW Wheat
 $9.47/bushel
 Wheat
September 30 Sales Closing Date
Kansas, New Mexico, Oklahoma & Texas
 KCBT  July
HRW Wheat
 $4.59/bushel
 Wheat – Organic Practice
September 30 Sales Closing Date
Kansas, New Mexico, Oklahoma & Texas
 KCBT  July
HRW Wheat
 $9.57/bushel
 Wheat
October 31 Sales Closing Date
Arizona& California
 KCBT  July
HRW Wheat
 $4.59/bushel
 Wheat – Organic Practice
October 31 Sales Closing Date
Arizona& California
 KCBT  July
HRW Wheat
 $9.57/bushel
 Wheat – Durum Type
September 30 Sales Closing Date
New Mexico
 KCBT  July
HRW Wheat
 $4.59/bushel
 Wheat – Organic Practice; Durum Type
September 30 Sales Closing Date
New Mexico
MGE  July
HRW Wheat
$15.05/bushel
 Wheat – Durum Type
October 31 Sales Closing Date
Arizona & California
 MGE  July
HRS Wheat
$7.22/bushel
 Wheat – Organic Practice; Durum Type October 31 Sales Closing Date
Arizona & California
 MGE  July
HRS Wheat
 $15.05/bushel

 

 

December 31, 2017

Action
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