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PM-24-016: 2024 Crop Year Dry Bean and Dry Pea Projected Prices, Volatility Factors, and Additional Projected Prices for the March 15, 2024, Sales Closing Date

The Risk Management Agency (RMA) approved the 2024 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2024 CY volatility factors shown below 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.

PM-24-015: 2024 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Price Volatility Factors Announcement

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of February 1, 2024, through February 29, 2024. 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 March 5, 2024:

Actuarial 24-009

As of March 01, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

Actuarial 24-008

As of February 29, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 1/31 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:

PM-24-014: 2024 Crop Year Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2024, Sales Closing Date

Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2024, SCD.

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Final Agency Determination: FAD-317

Subject: Two requests dated November 27, 2023, submitted to the Risk Management Agency (RMA) for a final agency determination for the 2019 crop year of section 20(d) of the Common Crop Insurance Policy (CCIP) Basic Provisions, published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, Subpart X.

Reference:

The relevant policy provisions are:

The 2019 CCIP Basic Provisions state, in relevant part

1. Definitions

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