PRODUCT MANAGEMENT BULLETIN: PM18-060




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

Date

December 03, 2018

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    12/3/2018

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 1, 2

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

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

Corn
March 15 Sales Closing Date
Idaho, Michigan, Oregon & Washington

CBOT

December
Corn

$3.66/bushel
Corn - Organic Practice
March 15 Sales Closing Date
Idaho, Michigan, Oregon & Washington
CBOT December
Corn
$8.38/bushel
Cotton
March 15 Sales Closing Date
Kansas, New Mexico & Oklahoma
ICE December
Cotton
 $0.77/pound
Cotton - Organic Practice
March 15 Sales Closing Date
Kansas, New Mexico & Oklahoma
ICE December
Cotton
 $1.17/pound
Popcorn
March 15 Sales Closing Date
Michigan
CBOT December
Corn
 $0.1574/pound
Popcorn - Organic Practice
March 15 Sales Closing Date
Michigan
CBOT December
Corn
$0.2266/pound
Soybeans
February 28 Sales Closing Date
Alabama, Florida, Georgia,
North Carolina & South Carolina
CBOT January
(2019)
Soybeans
 $8.83/bushel
Soybeans - Organic Practice
February 28 Sales Closing Date
Alabama, Florida, Georgia,
North Carolina & South Carolina
CBOT January
(2019)
Soybeans
 $17.81/bushel
Soybeans
March 15 Sales Closing Date
Delaware, Maryland, Oklahoma, Virginia & West Virginia
CBOT January
(2019)
Soybeans
 $8.83/bushel
Soybeans - Organic Practice
March 15 Sales Closing Date
Delaware, Maryland, Oklahoma, Virginia & West Virginia
CBOT January
(2019)
Soybeans
 $17.81/bushel

1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).
2 Harvest Prices are applicable for Stacked Income Protection (STAX) cotton policies.

DISPOSAL DATE

December 31, 2018

Disposal Date

Until Rescinded

USDA is an Equal Opportunity Employer and Provider