PRODUCT MANAGEMENT BULLETIN: PM18-039




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

Date

August 01, 2018

To:

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

From:

Richard Flournoy, Deputy Administrator /s/ Richard H. Flournoy    8/1/2018

Subject:

2018 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
Common Crop Insurance Policy & Area Risk Protection Insurance

The 2018 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

State / Practice / Type

 

Exchange


Contract


Harvest Price

Barley

September 30 Sales Closing Date

New York (Winter Type) Pennsylvania (Winter Type) and West Virginia

CBOT

September

Corn

$2.98/Bushel

Barley - Organic Practice

September 30 Sales Closing Date

New York (Winter Type) Pennsylvania (Winter Type) and West Virginia

CBOT

September

Corn

$6.37/bushel

Barley

September 30 Sales Closing Date

New York (Spring Type) and Pennsylvania (Spring Type)

CBOT

September

Corn

$2.98/bushel

Barley - Organic Practice

September 30 Sales Closing Date

New York (Spring Type) and Pennsylvania (Spring Type)

CBOT

September

Corn

$6.37/bushel

Barley

March 15 Sales Closing Date

Iowa, Nebraska, New York (Spring Type) and Pennsylvania (Spring Type)

CBOT

September

Corn

$2.98/bushel

Barley - Organic Practice

March 15 Sales Closing Date

Iowa, Nebraska, New York (Spring Type) and Pennylvania (Spring Type)

CBOT

September

Corn

$6.37/bushel

Wheat

September 30 Sales Closing Date

Delaware, Illinois, Indiana, Iowa (Winter Type) Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia

CBOT

September

SRW

Wheat

$5.09/bushel

Wheat - Organic Practice

September 30 Sales Closing Date

Delaware, Illinois, Indiana, Iowa (winter type) Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia

CBOT

September

SRW

Wheat

$11.01/bushel

Wheat

September 30 Sales Closing Date

Colorado (Winter Type) Nebraska (Winter Type) and South Dakota (Winter Type)

KCBT

September

HRW

Wheat

$5.06/bushel

Wheat - Organic Practice

September 30 Sales Closing Date

Colorado (Winter Type) Nebraska (Winter Type) and South Dakota (Winter Type)

KCBT

September

HRW

Wheat

$10.95/bushel

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

DISPOSAL DATE: December 31, 2018
USDA is an Equal Opportunity Employer and Provider