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The Risk Management Agency (RMA) has released the 2021 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2021 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2020. The documents are located on the RMA website at: www.rma.usda.gov/policy-procedure/reinsurance-agreements.
The ARH Sweet Cherry and Tart Cherry for Processing Pilot Crop Provisions establish an Annual Price to determine revenue to count for certain appraised or unsold marketable production.
In accordance with the definition of Annual Price in Section 2 of the crop provisions, the Risk Management Agency (RMA) is issuing the following Annual Prices for crop year 2019:
As of March 09, 2020 the following information is now available on the FTP site:
Users can find this information in the following directories:
Additional notes and details regarding this data release:
The Standard Reinsurance Agreement (SRA) Appendix I, Section IV requires Approved Insurance Providers (AlPs) to comply with all provisions of FCIC's large claims procedures, as applicable as a condition of reinsurance. The Large Claims Handbook is the official source of RMA's large claims procedures and requirements for RMA and AlPs in the processing and review of large claims.
Excessive precipitation in 2019 caused flooding in many counties in Minnesota, Missouri, North Dakota, and South Dakota. A significant number of unharvested cropland acres were flooded above the edible portion resulting in production that is “adulterated” under the Federal Food, Drug, and Cosmetic Act and may be injurious to human or animal health.
As of March 02, 2020 the following information is now available on the FTP site:
Users can find this information in the following directories:
Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement
The approved 2020 CY projected prices shown below are for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The approved 2020 CY volatility factors shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.
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:
Common Crop Insurance Policy & Area Risk Protection Insurance 1
