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Final Agency Determination: FAD-319R

Subject: Two requests dated November 27, 2023, and December 13, 2023, submitted to the Risk Management Agency (RMA) for a final agency determination (FAD) for the 2019 crop year definition of “good farming practices” from section 1 of the Common Crop Insurance Policy (CCIP) Basic Provisions, published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, Subpart X.

Reference:

The relevant policy provisions are:

The 2019 CCIP Basic Provisions state, in relevant part:

1. Definitions

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Final Agency Determination: FAD-318R

Subject: Two requests dated November 27, 2023, and December 13, 2023, submitted to the Risk Management Agency (RMA) for a final agency determination (FAD) for the 2019 crop year of section 20(a) of the Common Crop Insurance Policy (CCIP), Basic Provisions, published at 7 C.F.R. § 457.8. This request is pursuant to 7 C.F.R. § 400, Subpart X.

Reference:

The relevant policy provisions are:

The 2019 CCIP Basic Provisions state, in relevant part

1. Definitions

*****

Actuarial Release–24-023

As of July 01, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.

Additional notes and details regarding this data release:

2024 RY ADM Price updated for the harvest price announcement, PM-24-043, 6/30 and 11/30 filings.

PM-24-040: Fresh Market Bean Crop Provisions Changes Effective for the 2025 and Succeeding Crop Years

Background

The Risk Management Agency (RMA) is issuing the following changes to the Fresh Market Bean crop insurance program.

For the 2025 and succeeding crop years:

  • In Florida, expand insurance coverage to two counties and add a “winter” type.
  • In North Carolina, allow producers to use their processing bean history to qualify for fresh market bean insurance coverage.

Action

The Fresh Market Bean Crop Provisions (25-0105) will be available by close of business today on the RMA website at www.rma.usda.gov.

PM-24-039: Expanding Options for Specialty and Organic Growers Final Rule Effective for the 2025 and Succeeding Crop Years

Background

Today, June 27, 2024, the Federal Crop Insurance Corporation (FCIC) published a final rule in the Federal Register that amended Subpart J (Appeal Procedure), Common Crop Insurance Policy (CCIP), Basic Provisions and Area Risk Protection Insurance (ARPI), Basic Provisions, and various Crop Provisions.

PM-24-038: 2025 Appendix III - Standard Reinsurance Agreement and Livestock Price Reinsurance Agreement

Background

The 2025 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III will be available tomorrow electronically via the Risk Management Agency (RMA) website at www.rma.usda.gov/Policy-and-Procedure/Appendix-III-M13-Handbook-Index under the Appendix III/M-13 directory.

Action

Modifications in the 2025 Appendix III include the following crop insurance program changes:

PM-24-037: Camelina Changes Effective for the 2025 and Succeeding Crop Years

Background

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:

PM-24-036: 2024 Crop Year Rainfall Index February – March Index Interval Final Apiculture, and Pasture, Rangeland, Forage; 2024 Crop Year Rainfall Index September – March Catastrophic Index Interval Final Grid Indices for Annual Forage

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:

PM-24-035: 2025 Crop Year Organic Oats and Rye Price Factors

Background

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.

Action

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:

PM-24-034: 2023 Crop Year Supplemental Coverage Option Final Area Yields for Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas, Hybrid Cor

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:

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