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PM-18-020

In accordance with Section 3 of the ARPI Crop Provisions, Section 14 of the MP Crop Provisions and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues and harvest margins for the 2017 crop year wheat will be available by close of business today in the following formats:

Actuarial 18-014

As of March 28, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

PM-18-019

Background

Most agricultural producers participating in programs through the United States Department of Agriculture (USDA), including Federal crop insurance administered by the Risk Management Agency (RMA) and various Farm Programs administered by the Farm Service Agency (FSA), are required to file an acreage report as a condition of the program. The acreage report contains producer identification, crop details, critical dates, and land location information that is used for program variables and creating necessary records for such programs.

MGR-18-001

Background

The Risk Management Agency (RMA) has discovered that, due to a computer programming error, the 2018 crop year Stacked Income Protection premium rates in the actuarial documents are incorrect and are much lower than is actuarially sound. In accordance sections 506(o) and 508(d) of the Federal Crop Insurance Act, RMA is mandated to maintain actuarial soundness; therefore, action must be taken to correct and reissue the actuarially appropriate rates for the 2018 crop year.

PM-18-018

The Risk Management Agency (RMA) has revised the Nursery Crop Provisions to incorporate changes made in the Final Rule correcting amendment published in the Federal Register on March 23, 2018. The Nursery Crop Provisions (19-0073) are effective for the 2019 and succeeding crop years.

PM-18-017

Background

Risk Management Agency (RMA) has received questions regarding the impact to an insured’s crop insurance policy when changes are made in a farming operation’s business entity after the sales closing date. For example, the insured is a corporation and the shareholders form a partnership after the sales closing date. The partnership leases land, equipment and other assets from the existing corporation to produce the crop and the corporation does not have a share in the crop.

PM-18-016

Background

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:

  • 2018 Crop Year Rainfall Index December – January Index Interval Final Grid Indices for Annual Forage

 Action

By close of business today, final grid indices and payment calculation factors will be available in the Actuarial Information Browser and Actuarial Data Master in the following formats:

Actuarial 18-013

As of March 13, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 4/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2018 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

IS-18-005

The Risk Management Agency (RMA) has released the 2019 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2019 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2018. The documents are located on the RMA website at www.rma.usda.gov/pubs/ra/. The draft Appendix III that provides standards, procedure and instructions for reporting data to RMA will be issued by May 2018.

The following revisions/additions were made:

Actuarial 18-012

As of March 05, 2018 the following information is now available on the FTP site:
  • 2018 Actuarial Data Master for the 6/30, 11/30 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:

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