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Actuarial Release 18-012

As of March 05, 2018 the following information is now available on the FTP site:
  • 2018 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
Users can find this information in the following directories:
  • 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.

Additional notes and details regarding this data release:

PM-18-015: 2018 Crop Year (CY) Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement: Selected Projected Prices, Volatility Factors, and Additional Projected Prices, as applicable, for States with a March 15, 2018 Sales Closing Date (SCD).

Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement

The approved 2018 CY projected prices shown below are for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The approved 2018 CY volatility factors shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

Actuarial Release 18-011

As of March 01, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.

Additional notes and details regarding this data release:

PM-18-014: 2018 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors; Malting Barley Endorsement Projected Price Component and Volatility Factor; and Hybrid Seed Price Endorsement...

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2018 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion.

PM-17-064: Notice of Request for Input Regarding the Intent to Research and Develop a Federal Crop Insurance Program for California Citrus Trees

Background

Section 522(c)(1) of the Federal Crop Insurance Act (Act) allows the Risk Management Agency (RMA) to conduct activities or enter into contracts to carry out research and development for underserved agricultural commodities, including specialty crops. Section 522(c)(2)(B) of the Act requires RMA to consult with groups representing producers of the agricultural commodity that would be served by a policy that resulted from this research and development effort, prior to beginning any work, in order to determine the interest level or concerns of producers.

PM-17-065: Peanut Revenue Modifications – 2018 and Succeeding Crop Years

Background

On August 9, 2017 the Federal Crop Insurance Corporation (FCIC) Board of Directors approved a modification to the Peanut Revenue plan of insurance to allow the contract-based price to apply to revenue protection and revenue protection with the harvest price exclusion plans of insurance, an option previously only available for yield coverage.

Accordingly, the Peanut Revenue crop provisions, handbooks, and fact sheet have been updated to reflect this modification.

PM-17-066: Catastrophic Risk Protection Endorsement, Area Risk Protection Insurance Basic Provisions, and Common Crop Insurance Policy Basic Provisions and other program changes for the 2018 crop year

Background

The Risk Management Agency (RMA) has revised the Catastrophic Risk Protection Endorsement, the Area Risk Protection Insurance Regulations, and the Common Crop Insurance Regulations, Basic Provisions to incorporate changes made in a final rule with request for comments published in the Federal Register on November 24, 2017.

The Common Crop Insurance Policy Basic Provisions have also been revised to incorporate changes previously made in the Replant and Double Cropping Amendment (18-CCIP-Replant and Double Crop).

PM-18-013: Actual Production History (APH) Databases for Crops Produced Using Organic Production Methods in Texas Counties

Background

As the result of concerns regarding the proper reporting of organic acreage in the Coastal Bend area of Texas, the Risk Management Agency (RMA) implemented the following changes to maintain the integrity and actuarial soundness of organic coverage in that region. These changes include:

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