PRODUCT MANAGEMENT BULLETIN: PM23-007




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

Date

February 06, 2023

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    2/6/2023

Subject:

2022 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Season 4), Apiculture, and Pasture, Rangeland, Forage; 2022 Crop Year Rainfall Index June – November Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage; 2023 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Season 1)
Background

In accordance with Section 8 of the Rainfall and Vegetation Index Plan Common Policy Basic Provisions, final grid indices and payment calculation factors have been determined and approved for the following:

  • 2022 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Season 4), Apiculture, and Pasture, Rangeland, Forage
  • 2022 Crop Year Rainfall Index June – November Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage
  • 2023 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Season 1)
Action

By close of business today, final grid indices and payment calculation factors will be available in the Actuarial Information Browser (AIB) and Actuarial Data Master (ADM) in the following formats:

In accordance with section 8(d), any payments owed shall be issued no later than 60 days from the date of this notice.

DISPOSAL DATE:
December 31, 2023

USDA is an Equal Opportunity Employer and Provider