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PM-21-016

Background

The ARH Sweet Cherry and Tart Cherry for Processing Pilot Crop Provisions establish an Annual Price to determine revenue to count for certain appraised or unsold marketable production.

Action

In accordance with the definition of Annual Price in Section 2 of the crop provisions, the Risk Management Agency (RMA) is issuing the following Annual Prices for crop year 2020:

IS-21-001

The Risk Management Agency (RMA) has released the 2022 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2022 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2021. The documents are located on the RMA website at: www.rma.usda.gov/policy-procedure/reinsurance-agreements. As stated in COM 20-009, the Enhanced Coverage Option (ECO) has been added to the Appendix IV Review Matrix, there are no other changes from the prior year.

Actuarial 21-010

As of March 05, 2021 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-21-015

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:

OA-21-002

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 with seed cotton base enrolled in ARC or PLC cannot be covered under STAX. Accordingly, the STAX policy states acres are uninsurable if they “have been enrolled” in ARC or PLC.

Actuarial 21-009

As of March 01, 2021 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2021 Actuarial Data Master are in the References/Actuarial_Data_Master/2021 directory.

Additional notes and details regarding this data release:

2021 ADM Price updated to issue prices and volatilities, reference PM-21-013, 6/30 & 11/30 filings.

OA-21-001

Background

The Risk Management Agency (RMA) has received several questions about the Wildfire Hurricane Indemnity Program (WHIP) and Wildfire Hurricane Indemnity Program+ (WHIP+) administered by USDA’s Farm Service Agency (FSA). Specifically, RMA has been asked if Hurricane Insurance Protection-Wind Index (HIP-WI), Supplemental Coverage Option (SCO), Enhanced Coverage Option (ECO), Stacked Income Protection Plan (STAX), and Margin Protection Plan (MP) can be used to meet linkage requirements under WHIP and WHIP+.

Actuarial 21-008

As of February 26, 2021 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2021 Actuarial Data Master are in the References/Actuarial_Data_Master/2021 directory.

Additional notes and details regarding this data release:

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