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MGR-17-008

Background 

In light of the severe drought conditions in Montana, North Dakota, and South Dakota, producers are struggling to find adequate supplies of feed or forage, causing them to market their livestock sooner than anticipated. In response, the United States Department of Agriculture recently announced measures to assist producers affected by severe drought conditions in Montana, North Dakota, and South Dakota.

PM-18-011

Background

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.

PM-18-010

Background

The Federal Crop Insurance Act limited the amount of funds available to support livestock plans of insurance to $20 million per fiscal year. On February 9, 2018, the Bipartisan Budget Act of 2018 was signed into law removing the $20 million fund limitation placed on livestock plans of insurance offered by the Risk Management Agency (RMA).

IS-18-004

Applied Analytics Group (AAG), the developers of the Livestock Risk Protection – Fed Cattle/Feeder Cattle/Swine (LRP-Fed Cattle/Feeder Cattle/Swine) plans of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to continue maintenance of the LRP-Fed Cattle/Feeder Cattle/Swine plans of insurance and charge a user fee to approved insurance providers (AIP) selling the plan.

IS-18-003

American Sheep Industry Association (ASI), the developers of the Livestock Risk Protection – Lamb (LRP-Lamb) plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to continue maintenance of the LRP-Lamb plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

IS-18-002

Agrilogic Consulting, LLC (Agrilogic), the developers of the Peanut Revenue plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Peanut Revenue plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

IS-18-001

FarmRisk, Inc. (FarmRisk), the developers of the Livestock Gross Margin (LGM) plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to continue maintenance of the LGM plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

Actuarial 18-009

As of February 21, 2018 the following information is now available on the FTP site:

  • 2017 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2018 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-18-009

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:

Actuarial 18-008

As of February 20, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 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:

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