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The Risk Management Agency (RMA) is required annually, in accordance with Appendix C of the Office of Management and Budget (OMB) Circular No. A-123, Requirements for Effective Estimation and Remediation of Improper Payments dated October 20, 2014, to estimate and report an improper payment rate for the Federal crop insurance program.
As of October 20, 2015 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:
The 2016 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2016 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.
As of October 15, 2015 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:
On August 12, 2015, AgriLogic Consulting, LLC (AgriLogic) the developers of the Texas Citrus Tree plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Texas Citrus Tree 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 transfer approved 508(h) products to FCIC for maintenance, or maintain the policy and charge a user fee to AIP’s that elect to sell the policy.
On August 12, 2015, AgriLogic Consulting, LLC (AgriLogic) the developers of the Olive-Actual production History (Olive-APH) plan of insurance advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Olive-APH 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 transfer approved 508(h) products to FCIC for maintenance, or maintain the policy and charge a user fee to AIP’s that elect to sell the policy.
As of October 02, 2015 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:
2015 ADM Price updated for the harvest price announcement, PM-15-048, 6/30 and 11/30 filings.
The 2015 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, sales closing dates, states, types, and practices indicated in the following table.
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:
On August 27, 2015, the Risk Management Agency (RMA) released Informational Memorandum PM-15-043 containing program materials for the 2016 WFRP Pilot plan of insurance with the exception of the 2016 WFRP Pilot Handbook. The 2016 WFRP Pilot Handbook has now been completed.
By close of business today, the 2016 WFRP Pilot Handbook will be available on the RMA Web site (www.rma.usda.gov)
