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Subject: Request received February 7, 2025, to the Risk Management Agency (RMA) requesting a Final Agency Determination for the 2022 crop year regarding the interpretation of section 20(b)(1) of the Common Crop Insurance Policy, Basic Provisions (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 2022 CCIP Basic Provisions state, in relevant part:
The Risk Management Agency (RMA) has released the 2026 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2026 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2025. The documents are located on the RMA website at: www.rma.usda.gov/Topics/Reinsurance-Agreements.https://www.rma.usda.gov/policy-procedure/reinsurance-agreements
Revisions have been made to the 2026 LPRA Agreement and SRA and LPRA Appendix II and Appendix IV:
As of March 05, 2025 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:
As of March 04, 2025 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:
For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of February 1, 2025, through February 28, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: Price Discovery.
These values will also be available at the following locations on RMA’s website by March 5, 2025:
In accordance with the Dry Bean Revenue Endorsement and the Dry Pea Revenue Endorsement, the Risk Management Agency (RMA) approved 2025 CY projected prices for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2025 CY volatility factors for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.
As of February 28, 2025 the following information is now available on the FTP site:
Users can find this information in the following directories:
In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean types for states with an Actual Production History plan of insurance and a March 15, 2025, SCD.
Additional Price Elections:
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:
