INFORMATIONAL MEMORANDUM: PM17-067




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

Date

December 01, 2017

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    12/1/2017

Subject:

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

Common Crop Insurance Policy & Area Risk Protection Insurance 1,2

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 – Harvest Price Exclusion. The harvest prices are applicable for the crops, practices, sales closing dates and states indicated in the following table.     

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

2 Harvest Prices are applicable for Stacked Income Protection (STAX) cotton policies.

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

Common Crop Insurance Policy & Area Risk Protection Insurance 1

Crop/Practice/Sales Closing Date/State  Exchange  Contract  Harvest Price 

Popcorn

March 15 Sales Closing Date

Michigan

CBOT  December Corn $0.1475/Pound

Popcorn-Organic Practice

March 15 Sales Closing Date

Michigan

CBOT December Corn $0.2123/Pound

Soybeans

February 28 Sales Closing Date

Alabama, Florida, Georgia, North Carolina & South Carolina

CBOT January (2018) Soybeans $9.88/Bushel

Soybeans-Organic Practice

February 28 Sales Closing Date

Alabama, Florida, Georgia, North  Carolina & South Carolina

CBOT January (2018) Soybeans $19.90/Bushel

Soybeans

March 15 Sales Closing Date

Delaware, Maryland, Oklahoma, Virginia & West Virginia

CBOT January (2018) Soybeans $9.88/Bushel

Soybeans-Organic Practice

March 15 Sales Closing Date

Delaware, Maryland, Oklahoma, Virginia & West Virginia

CBOT January (2018) Soybeans $19.90/Bushel
                                                                                                                                                                       

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


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