Background

The Risk Management Agency (RMA) derives prices for certain programs by applying factors and premiums to conventional projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors and premiums for organic rice, organic cotton, popcorn, organic popcorn, confectionery sunflowers, organic sunflowers, and grain sorghum are provided below.

Action

Organic Rice Price Factor

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Hemp crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on August 17, 2023.

Beginning with the 2024 crop year, the program will be available in 171 new counties in Missouri and South Dakota.

Action

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

Background

The Federal Crop Insurance Corporation Board of Directors approved the Shellfish pilot insurance program under section 523 of the Federal Crop Insurance Act effective for 2024 and succeeding crop years. The Risk Management Agency (RMA) published all program materials on September 29, 2023. The first sales closing date (SCD) is November 30, 2023, with the insurance period beginning January 1, 2024.

Background

The Federal Crop Insurance Corporation (FCIC) amended the Sugar Beet Crop Provisions for the 2024 and succeeding crop years in states with a November 30 contract change date and for the 2025 and succeeding crop years in Imperial County, California, with the following changes:

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2023 CY harvest prices for insurance offers with a harvest price discovery period of October 1, 2023, through October 31, 2023. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by November 3, 2023:

As of November 01, 2023 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.

Additional notes and details regarding this data release:

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Olive crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on May 18, 2023.

The following changes are applicable for the 2024 and succeeding crop years:

As of October 31, 2023 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2024 Actuarial Data Master for the 10/31 Filing Date, YTD, and Daily Files.
• 2024 Special Provisions for the 10/31 Filing Date.

Users can find this information in the following directories:

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:

As of October 19, 2023 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 6/30, 10/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.

Additional notes and details regarding this data release: