PRODUCT MANAGEMENT BULLETIN: PM18-041




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

Date

August 15, 2018

To:

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

From:

Richard Flournoy, Deputy Administrator /s/    8/15/2018

Subject:

2019 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors Announcement
Common Crop Insurance Policy

The 2019 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2019 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table. 

Crop/Type/State Exchange Contract Projected Price Volatility Factor

 Canola - Canola Type

Illinois, Indiana, Kansas, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia

ICE July Canola $0.179/pound 0.09

Canola - Rapeseed Type

Illinois, Indiana, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, and Virginia

ICE July Canola $0.241/pound 0.00

Canola - Canola Type

Idaho (Fall), Oregon (Fall), and Washington (Fall)

ICE November Canola $0.176/pound 0.10

Canola - Rapeseed Type

Idaho (Fall), Oregon (Fall), and Washington (Fall)

ICE November Canola $0.246/pound 0.00
                   

 

Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).

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