Background

On March 15, 2024, the Risk Management Agency (RMA) issued MGR-24-003, Notice to Cease and Desist Agent/Agency Contract Terminations, requiring that Approved Insurance Providers (AIPs) cease and desist any cancellation of agent contracts until RMA completed its review of the information requested in the bulletin. RMA became aware that some AIPs were decreasing their federal crop insurance business in specific crops, plans of insurance, and geographic areas by terminating agent/agency contracts and decreasing their compensation to transfer the business to another AIP.

As of June 05, 2024 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files. 

Users can find this information in the following directories:

Background

This Bulletin establishes the 2024 crop year Prune Reference Date. In addition, it provides Approved Insurance Providers with the average dry prune count per pound for calculating second-period immature prune appraisals.

Each year the Davis Regional Office (DRO) establishes the Prune Reference Date. This date occurs one to two weeks after prune pit tip hardening when 80 to 90 percent of the seed shows the presence of endosperm, a clear jelly-like substance at the bloom end of the seed.

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 May 15, 2024, in the following formats:

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:

As of May 23, 2024 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 4/30, 8/31 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:

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 May 15, 2024, in the following formats:

Background

In accordance with the Special Provisions, Price B will be established by adding premiums and/or discounts associated with the predominant cotton quality characteristics, as determined by the Farm Service Agency, to the Upland and Extra Long Staple (ELS) Cotton National Average Loan Rates. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.