INFORMATIONAL MEMORANDUM: PM–17-065
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
November 28, 2017
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:
Richard H. Flournoy, Deputy Administrator /s/ Rodger M. Matthews, for 11/28/2017
Subject:
Peanut Revenue Modifications – 2018 and Succeeding Crop Years
- Background
-
On August 9, 2017 the Federal Crop Insurance Corporation (FCIC) Board of Directors approved a modification to the Peanut Revenue plan of insurance to allow the contract-based price to apply to revenue protection and revenue protection with the harvest price exclusion plans of insurance, an option previously only available for yield coverage.
Accordingly, the Peanut Revenue crop provisions, handbooks, and fact sheet have been updated to reflect this modification.
- Action
-
The following materials will be available by close of business today and may be accessed on the RMA website at www.rma.usda.gov/:
- Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion - Peanut Crop Provisions
- Peanut Crop Insurance Standards Handbook
- Peanut Loss Adjustment Standards Handbook
- Peanut Revenue Federal Crop Insurance Policy Fact Sheet
DISPOSAL DATE:
December 31, 2017