Background

The Agriculture Risk Protection (ARC) and Price Loss Coverage (PLC) programs administered by the Farm Service Agency (FSA) allow for annual enrollment. In accordance with the Federal Crop Insurance Act (Act), acreage enrolled in ARC or PLC cannot be covered under STAX and acreage with ARC elected cannot be covered under the Supplemental Coverage Option (SCO). In June of 2019 the Federal Crop Insurance Corporation (FCIC) released a revised SCO policy for the 2020 crop year containing provisions relating to acreage reporting when producers are participating in ARC or PLC.

Background

The Federal Crop Insurance Corporation revised the Hybrid Sweet Corn Seed Crop Provisions to clarify the definitions of hybrid sweet corn seed processor contract and amount of insurance per acre. The changes are applicable for the 2020 and succeeding crop years.

Action

The Hybrid Sweet Corn Seed Crop Provisions (20-0093) will be available by close of business today on the RMA website at www.rma.usda.gov.

Background

Organic Rice Price Factor

The Risk Management Agency (RMA) offers distinct organic practice rice prices. The definitions and specifications for the organic practice rice prices are provided in the ‘Commodity Exchange Price Provisions (CEPP) Section II: Rice’ document.

The following 2020 CY organic practice price factor will be applied to the conventional practice rice prices, in accordance with the CEPP, to derive the organic practice rice prices:

As of November 23, 2019 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

• 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
• 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release:

Background

The Peanut Revenue crop insurance program currently has a maximum contract price factor of 1.20 for all types. Stakeholders in the peanut industry have requested the Federal Crop Insurance Corporation (FCIC) consider increasing the maximum contract price factor for some types. On November 15, 2019, under section 508(h) of the Federal Crop Insurance Act, the FCIC Board of Directors approved the following increases to the maximum contract price factors for peanuts:

Background

The Federal Crop Insurance Corporation (FCIC) revised the Rice Crop Provisions to allow for new irrigation methods to implement the changes contained in the Agriculture Improvement Act of 2018 (commonly referred to as the 2018 Farm Bill). FCIC also changed cancellation and termination dates in certain states to align with other row crops. The changes will be effective for the 2020 and succeeding crop years.

Background

The Risk Management Agency (RMA) issued Manager’s Bulletin MGR-19-023 on August 15, 2019, regarding deferral of interest charges on crop insurance premiums. MGR-19-023 deferred accrual of any interest on unpaid crop insurance premium to the earliest of the applicable termination date or until November 30, for all policies with a premium billing date of August 15, 2019.

As of November 13, 2019 the following information is now available on the FTP site:

• 2019 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.

Additional notes and details regarding this data release:

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: