Final Agency Determination: FAD-299
Subject: A joint request dated July 8, 2020, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2017 crop year regarding the interpretation of the preamble and section 20(b)(1) of the Common Crop Insurance Policy Basic Provisions (Basic Provisions), published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, subpart X.
Background:
Referenced policy related to the request:
Section 20 of the Basic Provisions states, in relevant part:
OA-20-004: Comments Requested - Evaluation of the Pasture, Rangeland Forage Rainfall Index Crop Insurance Program
Background
The Risk Management Agency (RMA) contracted for an independent evaluation of the Pasture, Rangeland, Forage (PRF) Rainfall Index Crop Insurance Program Indexing and Rating Methodology. The primary purpose of the contract was to conduct a comprehensive review of the product design and the County Base Values to determine if the program is an effective risk management tool for livestock producers.
PM-20-068: 2020 Crop Year Rainfall Index June – July Index Interval Final Grid Indices for Annual Forage, Apiculture, and Pasture, Rangeland, Forage
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:
COM-20-004: Excessive Yields Report
Background
The Excessive Yields Report, first released in July of 2018, is available for Approved Insurance Providers (AIPs) through AIP HyDRA.
Excessive yields are individual yields on a year, county, crop-type-practice basis that are so large as to rise above an algorithmically determined threshold. The Excessive Yield Report identifies individual yield records from the P15A Yield History record that may not be realistically achievable.
The report is released annually in mid-July and generated against all open years.