Background

The Agricultural Act of 2014 (Farm Bill) instructed the Risk Management Agency (RMA) to develop a whole-farm diversified risk management plan of insurance. The Federal Crop Insurance Corporation Board of Directors (Board) approved the WFRP pilot plan of insurance effective for the 2015 insurance year (see MGR-14-021), which also included expansion to all counties in all states upon completion of actuarial and underwriting activities.

As of August 25, 2015 the following information is now available on the FTP site:

• 2015 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2015 Actuarial Data Master are in the References/Actuarial_Data_Master/2015 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:

As of August 18, 2015 the following information is now available on the FTP site:

• 2016 Actuarial Data Master for the 6/30, 10/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2016 Actuarial Data Master are in the References/Actuarial_Data_Master/2016 directory.

Additional notes and details regarding this data release:

Common Crop Insurance Policy ¹

The 2016 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2016 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2015 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection – Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, and types indicated in the following table.

As of August 03, 2015 the following information is now available on the FTP site:

• 2015 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
• 2016 Actuarial Data Master for the 4/30, 6/30, 8/31, Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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:

As of July 28, 2015 the following information is now available on the FTP site:

• 2015 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2015 Actuarial Data Master are in the References/Actuarial_Data_Master/2015 directory.

Additional notes and details regarding this data release:

Background

Section 12305(b)(1)(B) of the Agricultural Act of 2014 (2014 Farm Bill) enacted on February 7, 2014, included the following:

PROHIBITION ON CATASTROPHIC RISK PROTECTION – Section 508(b) of the FCIA is amended by striking paragraph (1) and inserting the following:

(1)(B) EXCEPTION – Coverage described in subparagraph (A) shall not be available for crops and grasses used for grazing.