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Both the Dairy Revenue Production (DRP) and Livestock Gross Margin for Dairy (LGM-Dairy) programs require dairy producers to market an amount of milk that is proportionate to the amount of insurance coverage they have purchased. This milk must be sold to count towards milk being delivered to the market, or ‘marketed’.
The Risk Management Agency (RMA) issued bulletin MGR-20-006 on March 27, 2020, due to “stay at home” orders issued in response to the COVID-19 pandemic. MGR-20-006 authorized Approved Insurance Providers (AIPs) to accept production reports through the earlier of the acreage reporting date (ARD) or 30 calendar days after the applicable production reporting date (PRD) for 2019 and 2020 crop year policies insured under the Common Crop Insurance Policy, Basic Provisions (BP) with a PRD of March 15, 2020, or later.
Many state and local governments have issued “stay at home” orders in response to the COVID-19 pandemic, which may preclude agents from meeting with policyholders or potential policyholders to obtain signatures associated with various reporting requirements, written agreements, and the purchase of new coverage or adjustments to current policy elections.
Many state and local governments have issued “stay-at-home” orders in response to the COVID-19 pandemic, which may prevent loss adjusters from completing on-the-farm replant inspections and obtaining associated signatures required for replant certification purposes. In the absence of “stay-at-home” orders, loss adjusters and policyholders may also be prevented from meeting in person due to concerns of spreading COVID-19.
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:
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:
As of April 01, 2020 the following information is now available on the FTP site:
Users can find this information in the following directories:
