Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2018 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.

Background

The Risk Management Agency (RMA) continues to update its data processing systems. RMA uses the Regional Office Exceptions (ROE) system to store documents and other information on large claims in which RMA chooses to participate. Beginning on July 1, 2018, ROE will include potential large claims notice capability and will eliminate the need to use email or SharePoint for notification purposes.

As of June 29, 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.
• 2019 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2019 Special Provisions for the 6/30 Filing Date.

Users can find this information in the following directories:

The 2019 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III is available electronically via the Risk Management Agency (RMA) website.

Modifications in the 2019 Appendix III include:

Data narrative changes that included:

Background

With the number of privately-developed products operating on a user fee basis increasing, it is in the best interests of the Risk Management Agency (RMA), Approved Insurance Providers (AIP), and 508(h) private product owners (PPOs) to establish an efficient process to aid the collection of user fees. The process described herein establishes the timing and transmission of RMA’s eligible crop insurance contract (ECIC) data to PPOs and AIPs.

Background

The Risk Management Agency (RMA) has revised the Margin Protection Plan of Insurance for the 2019 crop year, as follows:

In accordance with Section 10 of the SCO Endorsement, approved final area yields for 2017 crop year Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cotton Ex Long Staple, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas, Hybrid Corn Seed, Hybrid Seed Rice, Hybrid Sorghum Seed, Millet, Mustard, Peanuts, Popcorn, Processing Beans, Pumpkins, Rice, Sesame, Silage Sorghum, Soybeans, Sugar Beets, Sunflowers and Sweet Corn will be available by close of business today in the following formats:

As of June 15, 2018 the following information is now available on the FTP site:

• 2017 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2018 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2019 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2019 Special Provisions for the 6/30 Filing Date.

Users can find this information in the following directories:

Background

The Sugarcane Crop Replacement Endorsement (CRE) has been expanded to four Florida counties for the 2019 crop year in accordance with Section 508(h) of the Federal Crop Insurance Act (Act). The Act states, “Private Sector individuals may submit: (1) crop insurance policies, (2) provisions of policies, or (3) rates of premiums.” On February 13, 2018, the Federal Crop Insurance Corporation Board of Directors approved expansion of the CRE to Glades, Hendry, Palm Beach, and Martin counties in Florida.

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

• 2018 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2019 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories: