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The Risk Management Agency (RMA) is revising when the Dry Bean and Dry Pea Revenue Endorsements’ additional projected prices are released.
The following documents will be available by close of business today on the RMA website at www.rma.usda.gov.
As of July 02, 2024 the following information is now available on the FTP site:
Users can find this information in the following directories:
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
*****
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
*****
As of July 01, 2024 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:
2024 RY ADM Price updated for the harvest price announcement, PM-24-043, 6/30 and 11/30 filings.
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:
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.
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.
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.
Modifications in the 2025 Appendix III include the following crop insurance program changes:
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:
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:
