PRODUCT MANAGEMENT BULLETIN: PM18-025




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

Date

May 04, 2018

To:

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

From:

Richard H. Flournoy /s/ Richard H. Flournoy    5/4/2018

Subject:

Commodity Exchange Price Provisions for the 2019 and Succeeding Crop Years
Background

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:

1.Section I: General Information. This section contains information relevant for allapplicable crops, including definitions and common policy materials.

2.Section II: Price Definitions. This section contains crop-specific projected and harvestprice definitions and specifications, including commodity exchanges, contracts and discovery periods.

The Risk Management Agency (RMA) updated the following CEPP document for the 2019 and succeeding crop years:

•Section II: Barley

All other CEPP documents are carried over from last year and are applicable for the 2019 and succeeding crop years. We will post the updated CEPP document on the RMA Website.

DISPOSAL DATE:
December 31, 2018

USDA is an Equal Opportunity Employer and Provider

USDA is an Equal Opportunity Employer and Provider