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The Federal Crop Insurance Corporation (FCIC) Board of Directors approved changes to the Camelina pilot crop insurance program on May 23, 2024. The USDA’s Risk Management Agency (RMA) is expanding coverage allowing camelina producers to better manage their risks.
The following expanded coverage options will take effect starting with the 2025 crop year and are contained in the Camelina actuarial documents:
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:
The Risk Management Agency (RMA) derives prices for certain programs by applying factors to projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors for organic oats and organic rye are provided below.
Organic Oats Price Factor
The “CEPP Section II: Oats” document authorizes RMA to derive organic oat prices. In accordance with this document, the following 2025 CY organic price factors will be applied to derive organic oat prices:
In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, Section 14 of the MP Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2023 crop year will be available by close of business June 13, 2024, in the following formats:
As of June 27, 2024 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:
Background
As of June 26, 2024 the following information is now available on the FTP site:
Users can find this information in the following directories:
As of June 25, 2024 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 Department of Agriculture (USDA), Risk Management Agency (RMA) is upgrading the CARS application to the Microsoft Dynamic 365 platform. The upgrade is scheduled to be completed July 8, 2024.
As a follow up to COM-24-003 sent April 16, 2024, all AIP members needing access to CARS after the upgrade is complete must submit a new 586F form only listing CARS 365 access on the form and establish a Login.gov account.
The Livestock Price Reinsurance Agreement (LPRA) requires Approved Insurance Providers (AIPs) conduct Conflict of Interest (COI) reviews. Livestock price insurance contracts were included in the Fall 2020 COI list but were removed from the Spring 2021 COI list. COM-20-008, issued on December 8, 2020, instructed AIPs to conduct livestock price insurance contract COI reviews in accordance with LPRA Appendix IV, Section III(b)(3)(A) beginning with reinsurance year (RY) 2021 insurance intervals of March.
As of June 13, 2024 the following information is now available on the FTP site:
Users can find this information in the following directories:
