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PM-24-021: 2023 Crop Year Actual Revenue History Sweet Cherry and Tart Cherry Annual Price

Background

The ARH Sweet Cherry and Tart Cherry for Processing Pilot Crop Provisions establish an Annual Price to determine revenue to count for certain appraised or unsold marketable production.

Action

In accordance with the definition of Annual Price in Section 2 of the crop provisions, the Risk Management Agency (RMA) is issuing the following Annual Prices for crop year 2023:

Actuarial Release 24-010

As of March 19, 2024 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30, 6/30, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

Final Agency Determination: FAD-320

Subject: Request dated January 9, 2024, submitted to the Risk Management Agency (RMA) for a final agency determination for the 2021 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 2021 CCIP Basic Provisions (21.1-BR) (Released November 2020) state, in relevant part

Preamble

IS-24-001: 2025 Standard Reinsurance Agreement (SRA) and 2025 Livestock Price Reinsurance Agreement (LPRA)

The Risk Management Agency (RMA) has released the 2025 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2025 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2024. The documents are located on the RMA website at: www.rma.usda.gov/policy-procedure/reinsurance-agreements.

Revisions have been made to the 2025 LPRA Agreement for the addition of Weaned Calf Risk Protection and to the 2025 SRA and LPRA Appendix II:

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