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PM-17-003: Pecan Tree Crop Provisions - 2018 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved the Pecan Tree insurance program, a privately developed product that was submitted and approved under section 508(h) of the Federal Crop Insurance Act in June 2016. The Pecan Tree insurance program provides coverage for damage to pecan trees resulting from naturally occurring events.

Actuarial Release 20-055

As of November 25, 2020 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2021 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

  • 2021 Actuarial Data Master are in the References/Actuarial_Data_Master/2021 directory.
  • 2021 Special Provisions are in the Special_Provisions/2021 directory.

Additional notes and details regarding this data release:

PM-20-084: Hybrid Seed Rice Crop Provisions Changes Effective for the 2021 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation Board of Directors approved revisions to the Hybrid Seed Rice (HSR) crop insurance program, on September 17, 2020. The changes allow Written Agreements for the 2021 and succeeding crop years in Arkansas, Louisiana, Mississippi, Missouri, and Texas counties and parishes not offering HSR crop insurance but having appropriate actuarial data (T-Yields for long grain type rice, irrigated practice).

PM-20-082: 2021 Crop Year Organic Rice Price Factor, Organic Cotton Price Premium, and Popcorn Price Factors

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 and organic popcorn are provided below.

Action

Organic Rice Price Factor

PM-20-081: Hybrid Sweet Corn Seed Program Changes Effective for the 2021 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation Board of Directors approved an expansion of the Hybrid Sweet Corn Seed crop insurance program to include Hybrid Popcorn Seed, on March 4, 2020. The existing Crop Provisions were renamed Hybrid Specialty Seed Crop Provisions to cover both Hybrid Sweet Corn Seed and Hybrid Popcorn Seed. In addition to the changes described above, the following changes are applicable for the 2021 and succeeding crop years:

PM-20-080: Sesame Crop Insurance Provisions Changes Effective for the 2021 and Succeeding Crop Years

Background

On March 4, 2020, the Federal Crop Insurance Corporation Board of Directors approved a program expansion for sesame in 8 counties in Georgia and Alabama and approved an expansion by written agreement for 55 counties without actuarial documents for the crop in Alabama, Florida, and Georgia for 2021 and succeeding crop years.

The program expansion was approved for the following counties:

PM-17-001: 2017 Crop Year Commodity Exchange Price Provisions (CEPP) – Peanut Factors – February 28, 2017 Sales Closing Date

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2017 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 January 15, 2017 to February 14, 2017. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2017. They are determined in accordance with the Peanut Price Methodology guidelines.

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