Background

The Risk Management Agency (RMA) is issuing a new Micro Farm policy intended to provide additional insurance options for small-scale producers. The Micro Farm policy was designed based on research required under the 2018 Farm Bill. And, the policy development process included obtaining feedback from small-scale producers that have grown products for their local communities.

The Micro Farm policy is offered through Whole-Farm Revenue Protection (WFRP) and is enhanced to better meet the needs of small-scale farms. This includes:

Background

The Agricultural Act of 2014 (Farm Bill) instructed the Risk Management Agency (RMA) to offer the Stacked Income Protection Plan of Insurance (STAX) to upland cotton producers, which became effective for the 2015 insurance year and was available in all counties where insurance for upland cotton was available.

In order to provide clarity for determining insurable acres, RMA is making the following modification to the STAX program:

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Fresh Market Bean crop insurance program on November 19, 2021.

The following changes are applicable for the 2022 and succeeding crop years:

Background

The Risk Management Agency (RMA) derives prices for certain programs by applying factors and premiums to conventional projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors and premiums for organic rice, organic cotton, popcorn, organic popcorn, confectionery sunflowers, and organic sunflowers are provided below.

Action

Organic Rice Price Factor

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Camelina pilot crop insurance program on November 19, 2021.

The following changes are applicable for the 2022 and succeeding crop years:

As of November 22, 2021 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2022 Actuarial Data Master for the 6/30, 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2022 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

Background

The Risk Management Agency (RMA) is revising the Special Provisions for flue cured tobacco. These revisions were prompted by feedback from producer groups and other industry stakeholders regarding the contracted tobacco features added for crop year 2021. Based on that feedback, RMA is improving the weighted average price calculations and incorporating clarifications regarding acreage reporting and spousal entities. Specific changes include:

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Hybrid Specialty Seed crop insurance program on August 25, 2021.

The following changes are applicable for the 2022 and succeeding crop years:

As of November 08, 2021 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2022 Actuarial Data Master for the 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:

• 2021 Crop Year Rainfall Index July – August Index Interval Final Grid Indices for Annual Forage, Apiculture, and Pasture, Rangeland, Forage

Action

By close of business today, final grid indices and payment calculation factors will be available in the Actuarial Information Browser and Actuarial Data Master in the following formats: