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PM-20-082: 2021 Crop Year Organic Rice Price Factor, Organic Cotton Price Premium, and Popcorn Price Factors

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 and organic popcorn are provided below.

Action

Organic Rice Price Factor

PM-20-081: Hybrid Sweet Corn Seed Program Changes Effective for the 2021 and Succeeding Crop Years

Background

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:

PM-20-080: Sesame Crop Insurance Provisions Changes Effective for the 2021 and Succeeding Crop Years

Background

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:

PM-17-001: 2017 Crop Year Commodity Exchange Price Provisions (CEPP) – Peanut Factors – February 28, 2017 Sales Closing Date

Background

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.

PM-17-016: Pasture, Rangeland, and Forage Replacement of the Grid ID Locator, Decision Support Tool and Historical Indices

Background

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.

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