For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of September 15, 2023, through October 14, 2023. 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 October 18, 2023:

Background

Section 522(c)(1) of the Federal Crop Insurance Act (Act) allows the Risk Management Agency (RMA) to conduct activities or enter into contracts to carry out research and development for underserved agricultural commodities, including specialty crops.

As of October 05, 2023 the following information is now available on the FTP site:

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

Users can find this information in the following directories:

As of October 02, 2023 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 6/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
• 2024 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2023 CY harvest prices for insurance offers with a harvest price discovery period of September 1, 2023, through September 30, 2023. 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 October 4, 2023:

As of September 29, 2023 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 4/30, 8/31, 1/31 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 1/31 Filing Date.
• 2024 Actuarial Data Master for the 4/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.
• 2024 Special Provisions for the 4/30, 8/31, 11/30 Filing Date.

Users can find this information in the following directories:

The Risk Management Agency (RMA) has released a revised 2024 Livestock Price Reinsurance Agreement (LPRA) Appendix II, with changes to Exhibits V(b) and (c) in the 2024 LPRA Plan of Operation Template at www.rma.usda.gov/policy-procedure/reinsurance-agreements/livestock-price-reinsurance-agreement-archive. These exhibits were revised to include the new Wean Calf Revenue Protection (WCRP) program implemented this year.

Background

On August 18, 2022, the Federal Crop Insurance Corporation Board of Directors approved the Weaned Calf Risk Protection (WCRP) program under section 508(h) of the Federal Crop Insurance Act. Features of the program effective for 2024 and succeeding crop years include:

Background

On May 18, 2023, the Federal Crop Insurance Corporation Board of Directors approved the Shellfish pilot insurance program under section 523 of the Federal Crop Insurance Act. Features of the program effective for 2024 and succeeding crop years include:

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: