PRODUCT MANAGEMENT BULLETIN: PM22-027




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

Date

April 28, 2022

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    4/28/2022

Subject:

Hybrid Vegetable Seed Changes Effective for the 2023 and Succeeding Crop Years
Background
The Federal Crop Insurance Corporation’s Board of Directors (Board) approved revisions to the Hybrid Vegetable Seed plan of insurance, under section 508(h) of the Federal Crop Insurance Act, on February 17, 2022. The policy was revised to determine the amount of insurance in terms of gross acres instead of female acres.
Action

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

  • Hybrid Vegetable Seed Crop Provisions (23-0066)
  • Hybrid Vegetable Seed Insurance Standards Handbook (20500U)

Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.

Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at https://www.rma.usda.gov/Information-Tools/Agent-Locator-Page.

 

DISPOSAL DATE:
December 31, 2023

USDA is an Equal Opportunity Employer and Provider