1.  

PRODUCT MANAGEMENT BULLETIN: PM–19-056

United States Department of Agriculture


Farm and Foreign Agricultural Services


Risk Management Agency


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

Date

October 15, 2019

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    10/15/2019

Subject:

2020 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement

Common Crop Insurance Policy 1

The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 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 crops, types, practices, sales closing date, and states indicated in the following table.

Crop/Type/Practice
Sales Closing Date/State		 Exchange Contract Projected Price Volatility Factor
Barley
October 31 Sales Closing Date
Arizona & California		 CBOT July
Corn 		$3.30/bushel 0.14
Barley
Organic Practice
October 31 Sales Closing Date
Arizona & California		 CBOT July
Corn		 $7.05/bushel 0.14
Barley – Winter
October 31 Sales Closing Date
Nevada & Utah		 CBOT September
Corn		 $3.28/bushel 0.16
Barley – Winter
Organic Practice
October 31 Sales Closing Date
Nevada & Utah		 CBOT September
Corn		 $7.02/bushel 0.16
Wheat – Winter
October 31 Sales Closing Date
Arizona & California		 KCBT July
HRW
Wheat		 $4.42/bushel 0.17
Wheat – Winter
Organic Practice
October 31 Sales Closing Date
Arizona & California		 KCBT July
HRW
Wheat		 $9.69/bushel 0.17
Wheat – Durum
October 31 Sales Closing Date
Arizona & California		 MGE July
HRS
Wheat		 $6.59/bushel 0.16
Wheat – Durum
Organic Practice
 October 31 Sales Closing Date
 Arizona & California		 MGE July
HRS
Wheat		 $14.45/bushel 0.16
1 Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).

 

DISPOSAL DATE
December 31, 2020

USDA is an Equal Opportunity Employer and Provider

   Office

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