PM-17-063
Organic Rice Factor
Organic Rice Factor
In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH and SCO dry bean types and dry pea types with a March 15, 2018 SCD.
As the result of concerns regarding the proper reporting of organic acreage in the Coastal Bend area of Texas, the Risk Management Agency (RMA) implemented the following changes to maintain the integrity and actuarial soundness of organic coverage in that region. These changes include:
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:
As of February 28, 2018 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:
Common Crop Insurance Policy & Area Risk Protection Insurance 1,2
The 2017 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 – Harvest Price Exclusion. The harvest prices are applicable for the crops, practices, sales closing dates and states indicated in the following table.
Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2017 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 – Harvest Price Exclusion. The harvest prices are applicable for the crops, types, practices, sales closing dates and states indicated in the following table.
In accordance with Section 6 of the of the Group Risk Plan (GRP) Oyster Policy Basic Provisions, approved payment landings for the 2017 crop year will be available by close of business today in the following formats:
The 2018 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2018 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 crops, types, practices, sales closing date, and states indicated in the following table.
The Risk Management Agency (RMA) has removed the Prevented Planting +10 Percent Option (PT) for the 2018 and succeeding crop years for all crops with a contract change date on or after November 30, 2017, and for the 2019 and succeeding crop years for all crops with a contract change date prior to November 30, 2017. Previously, there has been an option for policyholders of some crops to increase prevented planting coverage by five or ten percent (+5 percent option and +10 percent option, respectively).