Background

The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat.

The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:

Background

The Federal Crop Insurance Corporation (FCIC) revised the Coarse Grains Crop Provisions to allow separate enterprise or optional units by following another crop (FAC) and not following another crop (NFAC) cropping practices for grain sorghum and soybeans when allowed by the actuarial documents, and to make other technical edits. FCIC also revised the High-Risk Alternate Coverage Endorsement (HR-ACE) Standards Handbook to incorporate the changes made in the Coarse Grains Crop Provisions. The changes will be effective for the 2020 and succeeding crop years.

As of November 27, 2019 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 6/30, 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

• 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
• 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release:

Background

The Federal Crop Insurance Corporation (FCIC) revised the Hybrid Seed Rice Crop Provisions to remove the definition of “adjusted yield” and clarify definitions for “amount of insurance per acre” and “county yield.”

The changes are applicable for the 2020 and succeeding crop years.

Action

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Sweet Potato crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on September 20, 2019.

The following changes are applicable for the 2020 and succeeding crop years:

Background

The Agriculture Risk Protection (ARC) and Price Loss Coverage (PLC) programs administered by the Farm Service Agency (FSA) allow for annual enrollment. In accordance with the Federal Crop Insurance Act (Act), acreage enrolled in ARC or PLC cannot be covered under STAX and acreage with ARC elected cannot be covered under the Supplemental Coverage Option (SCO). In June of 2019 the Federal Crop Insurance Corporation (FCIC) released a revised SCO policy for the 2020 crop year containing provisions relating to acreage reporting when producers are participating in ARC or PLC.

Background

The Federal Crop Insurance Corporation revised the Hybrid Sweet Corn Seed Crop Provisions to clarify the definitions of hybrid sweet corn seed processor contract and amount of insurance per acre. The changes are applicable for the 2020 and succeeding crop years.

Action

The Hybrid Sweet Corn Seed Crop Provisions (20-0093) will be available by close of business today on the RMA website at www.rma.usda.gov.

Background

Organic Rice Price Factor

The Risk Management Agency (RMA) offers distinct organic practice rice prices. The definitions and specifications for the organic practice rice prices are provided in the ‘Commodity Exchange Price Provisions (CEPP) Section II: Rice’ document.

The following 2020 CY organic practice price factor will be applied to the conventional practice rice prices, in accordance with the CEPP, to derive the organic practice rice prices:

As of November 23, 2019 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

• 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
• 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release: