PM-20-083: Silage Sorghum Pilot Endorsement Changes Effective for the 2021 and Succeeding Crop Years
Background
The Risk Management Agency revised the Silage Sorghum Pilot Endorsement for the 2021 and succeeding crop years. Changes include:
The Risk Management Agency revised the Silage Sorghum Pilot Endorsement for the 2021 and succeeding crop years. Changes include:
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 and organic popcorn are provided below.
Organic Rice Price Factor
The Federal Crop Insurance Corporation Board of Directors approved an expansion of the Hybrid Sweet Corn Seed crop insurance program to include Hybrid Popcorn Seed, on March 4, 2020. The existing Crop Provisions were renamed Hybrid Specialty Seed Crop Provisions to cover both Hybrid Sweet Corn Seed and Hybrid Popcorn Seed. In addition to the changes described above, the following changes are applicable for the 2021 and succeeding crop years:
On March 4, 2020, the Federal Crop Insurance Corporation Board of Directors approved a program expansion for sesame in 8 counties in Georgia and Alabama and approved an expansion by written agreement for 55 counties without actuarial documents for the crop in Alabama, Florida, and Georgia for 2021 and succeeding crop years.
The program expansion was approved for the following counties:
The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2017 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of January 15, 2017 to February 14, 2017. These factors apply only to states with a Sales Closing Date (SCD) of February 28, 2017. They are determined in accordance with the Peanut Price Methodology guidelines.
To accommodate the growth in the Pasture, Rangeland, and Forage (PRF) pilot program over the last several years, the Risk Management Agency (RMA) has decided to manage and support the Grid ID Locator, Decision Support Tool, and Historical Indices (PRF Tools) internally. The current PRF tools are being supported by an external contractor.
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:
In accordance with Section 3 of the ARPI Crop Provisions, Section 10 of the SCO Endorsement, and Section 14 of the MP Crop Provisions approved final county yields, final county revenues, harvest revenues and harvest margins for 2016 crop year wheat will be available by close of business today in the following formats: