Background

On May 18, 2023, the Federal Crop Insurance Corporation Board of Directors approved revisions to the Pomegranate crop insurance program under section 508(h) of the Federal Crop Insurance Act. Beginning with the 2024 crop year, optional units will be available by early and late types.

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 Agricultural Improvement Act of 2018 (Farm Bill) included language to improve the effectiveness of WFRP. The Risk Management Agency (RMA) continues to solicit stakeholder recommendations. In response to feedback from local foods producers, grower organizations, and industry partners including approved insurance providers and agent organizations, RMA recommended changes to WFRP and Micro Farm to the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board).

Background

The Risk Management Agency (RMA) revised the Rainfall Index (RI) Common Policy and the Pasture, Rangeland, Forage (PRF) Crop Provisions for 2024 and succeeding crop years for the August 31, 2023, contract change date and for the 2025 crop year for insurance plans with a contract change date prior to August 31, 2023. The changes include:

PRF Crop Provisions:

As of August 29, 2023 the following information is now available on the FTP site:

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

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved changes to the Florida Citrus Fruit crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on May 19, 2023.

The following changes are applicable for the 2025 and succeeding crop years:

Background

On February 17, 2023, the Federal Crop Insurance Corporation Board of Directors approved the Kiwifruit Crop Insurance Program under section 508(h) of the Federal Crop Insurance Act. Features of the program effective for the 2024 and succeeding crop years include:

Background

On August 18, 2022, the Federal Crop Insurance Corporation Board of Directors approved the Grapevine crop insurance program under section 508(h) of the Federal Crop Insurance Act. Features of the program effective for the 2024 and succeeding crop years include:

As of August 24, 2023 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 6/30, 8/31 Filing Date, YTD, and Daily Files.
• 2024 Special Provisions for the 8/31 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

As of August 16, 2023 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2024 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of July 15, 2023, through August 14, 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 August 17, 2023: