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PM-15-040: 2015 CY Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

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.

Actuarial Release 15-031

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:

Final Agency Determination: FAD-239

Subject: Request dated June 16, 2015, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2014 crop year regarding the interpretation of section 12(a) of the Common Crop Insurance Basic Provisions (Basic Provisions), published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. part 400, subpart X.

Background:

Referenced policy and procedure in request:

Section 12(a) of the Basic Provisions states:

12. Causes of Loss.

Final Agency Determination: FAD-238

Subject: Request dated May 11, 2015, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2014 crop year of section 17(e)(iii)(A)-(B) of the Common Crop Insurance Basic Provisions (Basic Provisions), published at 7 C.F.C 457.8. This request is pursuant to 7 C.F.R. § 400, subpart X.

Background:

Section 17(e) of the Basic Provisions states, in relevant part:

17. Prevented Planting.

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PM-15-039: 2015 CY Rainfall Index April – May Index Interval Final Grid Indices for Apiculture, Annual Forage and PRF; 2015 CY Vegetation Index March – May Index Interval Final Grid Indices for PRF

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:

Actuarial Release 15-030

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:

PM-15-038: Area Risk Protection Insurance for Forage

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.

Actuarial Release 15-029

As of July 23, 2015 the following information is now available on the FTP site:

  • 2016 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
  • 2016 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

PM-15-037: Insuring Carinata for the 2016 and Succeeding Crop Years

Background

Approved insurance providers (AIPs) and producers have raised questions regarding the insurability of Brassica carinata (hereafter referred to as “carinata”). Carinata is an inedible oilseed sharing characteristics of both mustard and canola intended for the biofuel market. A common name for the crop is “Ethiopian Mustard.” Processor contracts are being promoted in both fall and spring-seeded canola counties for the 2016 crop year.

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