PRODUCT MANAGEMENT BULLETIN: PM23-011




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

Date

February 28, 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    2/28/2023

Subject:

2023 Crop Year (CY) Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2023, Sales Closing Date (SCD)

Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2023, SCD.

Dry Peas (Spring Types)
Colorado, Kansas, Minnesota, Nebraska, and Wyoming
Type and Organic Practice
(not all types may be available in all states)

Additional Price
Election
($ / pound)
Established Price
Election
($ / pound)
CAT Price
Election
($ / pound)
Smooth Green/Yellow
$0.13  0.09 $0.0715
Lentils
$0.28 $0.19 $0.1540
Small Kabuli Chickpeas
$0.34 $0.18 $0.1870
Small Kabuli Chickpeas organic
$0.34
$0.33 $0.1870
Large Kabuli Chickpeas
$0.30 $0.22 $0.1650
Desi Chickpeas
$0.25 $0.18 $0.1375
Desi Chickpeas organic
$0.50 0.36 $0.2750
       
Dry Peas (Spring Types)
Alaska and Oregon
Type and Organic Practice
(not all types may be available in all states)
Additional Price
Election
($ / pound)
Established Price
Election
($ / pound)
CAT Price
Election
($ / pound)
Smooth Green/Yellow
$0.17 $0.10 $0.0935
Lentils
$0.40 $0.19 $0.2200
Lentils organic
$0.40 $0.32 $0.2200
Small Kabuli Chickpeas
$0.40
$0.18 $0.2200
Small Kabuli Chickpeas organic
$0.40 $0.33 $0.2200
Large Kabuli Chickpeas
$0.29 $0.22 $0.1595
       
Dry Beans
Iowa, South Dakota, and Wisconsin
 
Type and Organic Practice
(not all types may be insurable in all states)
Additional Price
Election
($ / pound)
Established Price
Election
($ / pound)
CAT Price
Election
($ / pound)
Black
$0.39 $0.37 $0.2145
Black Organic
$0.78 $0.74 $0.4290
Great Northern
$0.35 $0.33 $0.1925
Great Northern Organic
$0.70 $0.66 $0.3850
Pink
$0.39 $0.38 $0.2145
Pink Organic
$0.78 $0.76 $0.4290
Pinto
$0.38 
$0.35 $0.2090 
Pinto Organic
$0.76 $0.70 $0.4180
       
Dry Beans
Rest of U.S.
     
Type and Organic Practice
(not all types may be insurable in all states)
Additional Price
Election
($ / pound)
Established Price
Election
($ / pound)
CAT Price
Election
($ / pound
)
Black
$0.40 $0.37 $0.2200
Black Organic
$0.80 $0.74 $0.4400
Great Northern
$0.41 $0.33 $0.2250
Great Northern Organic
$0.82 $0.66 $0.4510
Pea
$0.40 $0.39 $0.2200
Pea Organic
$0.80 $0.78 $0.4400
Pink
$0.42 $0.38 $0.2310
Pink Organic
$0.84 $0.76 $0.4620
Pinto
$0.40 $0.35 $0.2200
Pinto Organic
$0.80 $0.70
$0.4400
Small Red
$0.44 $0.40 $0.2420
Small Red Organic
$0.88 $0.80 $0.4840
Small White
$0.40 $0.39 $0.2200
Small White Organic
$0.80 $0.78 $0.4400
       
DISPOSAL DATE:
January 31, 2024
USDA is an Equal Opportunity Employer and Provider