BACKGROUND:

On November 21, 2024, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved modifications to the Nursery Value Select Pilot Crop Insurance Program beginning with the 2026 crop year. The modifications include the following:

As of January 16, 2025 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 4/30, 6/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.
• 2025 Actuarial Data Master for the 4/30, 6/30, 10/31, 11/30, 1/31 Filing Date, YTD, and Daily Files.
• 2025 Special Provisions for the 1/31 Filing Date.

Users can find this information in the following directories:

BACKGROUND:

On November 21, 2024, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved modifications to the Controlled Environment Pilot Crop Insurance Program beginning with the 2026 crop year. The modifications include the following:

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:

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of December 15, 2024, through January 14, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here:
public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by January 17, 2025:

DISPOSAL DATE:
December 31, 2025

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for onions (select states and types) and walnuts.