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ELS Cotton
The following additional price elections are provided for the 2023 CY ELS Cotton program:
| Organic Practice | 2023 CY Additional Price Elections ($/lb.) | 2023 CY Established Price ($/lb.) | CAT Price ($/lb.) |
|---|---|---|---|
| Non-organic | $2.10 | $1.85 | $1.16 |
| Organic | $2.50 | $2.25 | $1.38 |
Tomatoes
The following additional price elections are provided for the 2023 CY Tomatoes program:
As of December 28, 2022 the following information is now available on the FTP site:
Users can find this information in the following directories:
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 part of a broader set of commitments made earlier this year by President Biden and Secretary Vilsack to increase domestic food production amid potential global food shortages related to the invasion of Ukraine, the U.S. Department of Agriculture (USDA) is simplifying sign-up and expanding double cropping coverage availability for the 2023 crop year. These efforts will help enable agricultural producers to produce two crops on the same land each year, such as spring planted soybeans or grain sorghum following the harvest of a crop such as winter wheat.
As of December 22, 2022 the following information is now available on the FTP site:
The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2023 crop year having a November 30 through December 31 contract change date. The following attachment, 2023 Expansion of Existing Spring Crop Programs, lists the expansion by crop, state, and county.
Approved Insurance Providers should advise producers of the expanded county crop programs for the 2023 crop year.
DISPOSAL DATE:
June 30, 2023.
The Risk Management Agency (RMA) issued Product Management Bulletin PM-22-072 on November 28, 2022, announcing changes to the Small Grains Crop Provisions and the Small Grains Crop Provisions were released at that time. The amended Small Grains Crop Provisions expanded revenue coverage to oats and rye, matching available coverage for barley and wheat. The changes are effective for spring oats for the 2023 and succeeding crop years and for winter oats and rye for the 2024 and succeeding crop years.
The CEPP – Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2023 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of December 15, 2022, to January 14, 2023. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2023.
In February 2022, the Risk Management Agency (RMA) allowed written agreements for a new relay cropping practice for soybeans seeded into a small grain crop for the 2022 crop year through Manager’s Bulletin MGR-22-002. This MGR replaces MGR-22-002 beginning with the 2023 crop year. This expanded insurance opportunity is to address climate change, soil degradation, and depletion of natural resources which are challenges for crop productivity and environmental sustainability.
The SRA Appendix IV Matrix is updated annually in accordance with renewal of the Standard Reinsurance Agreement unless a revision is needed.
Matrix revisions are needed to reduce redundancies, simplify the display of Individual Yield plans with separate endorsements, update Post-Application Coverage Endorsement (PACE), and update conflict of interest review requirements for Downed Rice and High-Risk Alternate Coverage endorsements.
Specifically, the following revisions are made:
