Common Crop Insurance Policy¹

The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

Background

Farmers and ranchers are struggling through widespread severe flooding and excess moisture conditions in many parts of the nation, causing catastrophic damage to crops. Concerns have been expressed about the requirement to pay crop insurance premiums timely to avoid accrual of interest because some farmers and ranchers will not yet have received their crop insurance indemnity following this year’s widespread, significant crop losses.

As of August 08, 2019 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, 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 6/30, 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2020 crop year having an August 31 to October 31 contract change date. The following attachment, 2020 Expansion of Existing Crops 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 2020 crop year.

2020 EXPANSION OF EXISTING CROPS PROGRAMS

As of August 01, 2019 the following information is now available on the FTP site:

• 2019 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.

Additional notes and details regarding this data release:

2019 ADM Price updated for harvest price announcement PM-19-043, 6/30 and 11/30 filings.

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2019 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices and types indicated in the following table.

As of July 30, 2019 the following information is now available on the FTP site:

• 2018 Actuarial Data Master for the 8/31, 11/30, 12/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.

Additional notes and details regarding this data release: