PRODUCT MANAGEMENT BULLETIN: PM–21-039
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
July 01, 2021
To:
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Richard Flournoy, Deputy Administrator /s/ John W. Underwood, for 7/1/2021
Subject:
2021 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
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Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2021 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.
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Crop/Sales Closing Date/ States/Practice/Type Exchange Contract Harvest Price Barley
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia
CBOT
July
Corn$5.83/bushel Barley – Organic Practice
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia
CBOT
July
Corn$12.47/bushel Barley
September 30 Sales Closing Date
Kansas (Spring Types)
CBOT
July
Corn
$5.83/bushel
Barley – Organic Practice
September 30 Sales Closing Date
Kansas (Spring Types)
CBOT
July
Corn
$12.47/bushel
Barley
October 31 Sales Closing Date
Arizona & California
CBOT
July
Corn
$5.83/bushel
Barley – Organic Practice
October 31 Sales Closing Date
Arizona & California
CBOT
July
Corn
$12.47/bushel
Barley
March 15 Sales Closing Date
Kansas (Spring Types)
CBOT
July
Corn
$5.83/bushel
Barley – Organic Practice
March 15 Sales Closing Date
Kansas (Spring Types)
CBOT
July
Corn
$12.47/bushel
Canola
August 31 Sales Closing Date
Illinois, Indiana, Kansas, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee, Texas & Virginia
ICE
July
Canola
$0.309/pound
Canola – Rapeseed Type*
August 31 Sales Closing Date
Illinois, Indiana, Kentucky, North Carolina, Oklahoma, South Carolina, Tennessee & Virginia
*Harvest Price is set equal to Projected Price.
ICE
July
Canola
$0.225/pound
Canola
September 30 Sales Closing Date
Alabama & Georgia
ICE
July
Canola
$0.309/pound
Canola – Rapeseed Type*
September 30 Sales Closing Date
Alabama & Georgia
*Harvest Price is set equal to Projected Price.
ICE
July
Canola
$0.237/pound
Sunflowers – Oil Type
January 31 Sales Closing Date
Texas
CBOT
July
Soybean Oil
$0.336/pound
Sunflowers – Confectionery Type
January 31 Sales Closing Date
Texas
CBOT
July
Soybean Oil
$0.417/pound
Sunflowers – Organic Practice; All Types
January 31 Sales Closing Date
Texas
CBOT
July
Soybean Oil
$0.612/pound
Wheat
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee
CBOT
July
SRW Wheat
$6.67/bushel Wheat – Organic Practice
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee
CBOT
July
SRW Wheat
$13.79/bushel Wheat
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types), Oklahoma & Texas (Winter & Spring Types)
KCBT
July
HRW Wheat
$6.21/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types), Oklahoma & Texas (Winter & Spring Types)KCBT
July
HRW Wheat$12.84/bushel Wheat
October 31 Sales Closing Date
Arizona & CaliforniaKCBT July
HRW Wheat$6.21/bushel Wheat – Organic Practice
October 31 Sales Closing Date
Arizona & CaliforniaKCBT July
HRW Wheat$12.84/bushel Wheat – Durum Type
September 30 Sales Closing Date
New MexicoMGE July
HRS Wheat$9.19/bushel Wheat – Organic Practice; Durum Type
September 30 Sales Closing Date
New MexicoMGE July
HRS Wheat$19.00/bushel Wheat – Durum Type
October 31 Sales Closing Date
Arizona & CaliforniaMGE July
HRS Wheat$9.19/bushel Wheat – Organic Practice; Durum Type
October 31 Sales Closing Date
Arizona & CaliforniaMGE July
HRS Wheat$19.00/bushel 1 Harvest Prices are applicable for the Enhanced Coverage Option (ECO) and the Supplemental Coverage Option (SCO), where available.
DISPOSAL DATE
December 31, 2021