PRODUCT MANAGEMENT BULLETIN: PM24-010




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

Date

February 06, 2024

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

John W. Underwood for Deputy Administrator /s/ John W. Underwood    2/6/2024

Subject:

2024 Crop Year (CY) Additional Price for Tobacco

Additional Price Election:

 In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing an additional price (a new Maximum Over Established Price) for contracted flue-cured tobacco covered by the Tobacco Policy.


2024 CY Tobacco Additional Price ($/pound)

Practice
Type New Maximum Over Established Price Initial Maximum Over Established Price
All
Types 11-14 (Flue-Cured) Contracted
$2.25
$2.15
       
DISPOSAL DATE
December 31, 2024
USDA is an Equal Opportunity Employer and Provider