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PM-15-027 Actual Production History - Clary Sage Pilot Program

Background

A private product submitted under section 508(h) of the Federal Crop Insurance Act providing Actual Production History (APH) coverage for clary sage was approved by the Federal Crop Insurance Corporation Board of Directors on May 7, 2015. Beginning with the 2016 crop year, insurance coverage will be available to clary sage growers in four North Carolina counties: Bertie, Chowan, Edgecombe, and Martin counties.

PM-15-026 Malting Barley Endorsement - 2016 and Succeeding Crop Years

Background

A private product submitted under section 508(h) of the Federal Crop Insurance Act providing revenue coverage for malting barley was approved by the Federal Crop Insurance Corporation Board of Directors on February 5, 2014. The new Malting Barley Endorsement to the Small Grains Crop Provisions will be available to malting barley producers for the 2016 crop year in all counties where the current Malting Barley Price and Quality Endorsement is available.

Actuarial 15-020

As of May 19, 2015 the following information is now available on the FTP site:

  • 2015 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2015 Actuarial Data Master are in the References/Actuarial_Data_Master/2015 directory.

Additional notes and details regarding this data release:

PM-15-024 2015 Price B for Cotton Quality Adjustment

Background

Consistent with the Special Provisions statement in lieu of section 10(d)(1) of the Upland and ELS Cotton Crop Provisions, Price B will be established by adding premiums or discounts associated with the predominant cotton quality characteristics as determined by the Farm Service Agency (FSA) to the Upland and ELS Cotton National Average Loan Rate. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.

PM-15-022 Macadamia Tree Crop Provisions for the 2016 and Succeeding Crop Years and Macadamia Nut Crop Provisions for the 2017 and Succeeding Crop Years

Background

The Risk Management Agency (RMA) has revised the Macadamia Tree Crop Provisions (16-0024) for the 2016 and succeeding crop years, and the Macadamia Nut Crop Provisions (17-0023) for the 2017 and succeeding crop years. The provisions were revised to clarify policy provisions and to reduce program vulnerabilities. Specific changes include adding definitions, removing the provision requiring an optional unit to contain at least 80 acres, and adding settlement of claim examples.

COM-15-002

Background

The United States Department of Agriculture (USDA), 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 using a randomly selected, statistically valid sample of policies for the Federal crop insurance program.

Actuarial 15-019

As of April 27, 2015 the following information is now available on the FTP site:

  • 2014 Actuarial Data Master for the 8/31, 11/30 Filing Date, YTD, and Daily Files.
  • 2015 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2016 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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