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PRODUCT MANAGEMENT BULLETIN: PM–24-011

United States Department of Agriculture


Farm and Foreign Agricultural Services


Risk Management Agency


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:

2023 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Season 4), Apiculture, and Pasture, Rangeland, Forage; 2023 Crop Year Rainfall Index June – November Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage; 2024 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Seasons 1 and 2)
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:

  • 2023 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Season 4), Apiculture, and Pasture, Rangeland, Forage
  • 2023 Crop Year Rainfall Index June – November Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage
  • 2024 Crop Year Rainfall Index October – November Index Interval Final Grid Indices for Annual Forage (Growing Seasons 1 and 2)
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, 2024
USDA is an Equal Opportunity Employer and Provider

  Risk Management Agency Office

  • 1400 Independence Ave. SW
    Washington, DC 20250