PM 20-048: Livestock Gross Margin for Cattle, Dairy, and Swine, Revisions for the 2021 and Succeeding Crop Years
Background
The Federal Crop Insurance Corporation Board of Directors (Board) approved revisions to the Livestock Gross Margin (LGM) plan of insurance for Cattle, Dairy, and Swine, under section 508(h) of the Federal Crop Insurance Act, on June 23, 2020. The following revisions are applicable for the 2021 and succeeding crop years:
USDA Announces Improvements to the Livestock Gross Margin Insurance Program for Cattle and Swine
MGR-20-020: COVID-19 FSA Acreage Reporting Date
Background
The Risk Management Agency (RMA) issued bulletin MGR-20-015 on May 28, 2020, to authorize additional crop insurance relief following Farm Service Agency (FSA) Notice CP-757, which waived late filing fees for a FSA acreage report (FSA-578) when filed within 30 days of the acreage reporting date (ARD).
MGR-20-019: 2021 Crop Year County Fall Crop Program Expansions
Background
The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2021 crop year having a June 30 contract change date. The following attachment, 2021 Expansion of Existing Fall Crop Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.
Action
Approved Insurance Providers should advise producers of the expanded county crop programs for the 2021 crop year.
DISPOSAL DATE:
December 31, 2020.
Actuarial 20-027
As of July 02, 2020 the following information is now available on the FTP site:
- 2019 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
- 2020 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
Users can find this information in the following directories:
PM-20-047: 2019 Crop Year Supplemental Coverage Option (SCO) Final Area Yields and Final Area Revenues
In accordance with Section 10 of the SCO Endorsement, approved final area yields for 2019 crop year Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas, Hybrid Corn Seed, Hybrid Seed Rice, Hybrid Sorghum Seed, Millet, Mustard, Peanuts, Popcorn, Processing Beans, Pumpkins, Rice, Sesame, Silage Sorghum, Soybeans, Sugar Beets, Sunflowers, Sweet Corn, and 11/30 Tomatoes will be available by close of business today in the following formats: