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Actuarial Release 24-008
As of February 29, 2024 the following information is now available on the FTP site:
- 2024 Actuarial Data Master for the 6/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
- 2024 Special Provisions for the 1/31 Filing Date.
Users can find this information in the following directories:
- 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.
- 2024 Special Provisions are in the Special_Provisions/2024 directory.
Additional notes and details regarding this data release:
PM-24-014: 2024 Crop Year Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2024, Sales Closing Date
Additional Price Elections:
In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2024, SCD.
Final Agency Determination: FAD-317
Subject: Two requests dated November 27, 2023, submitted to the Risk Management Agency (RMA) for a final agency determination for the 2019 crop year of section 20(d) 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
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Actuarial Release 24-007
As of February 20, 2024 the following information is now available on the FTP site:
- 2024 Actuarial Data Master for the 2/28 Filing Date, YTD, and Daily Files.
- 2024 Special Provisions for the 2/28 Filing Date.
Users can find this information in the following directories:
- 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.
- 2024 Special Provisions are in the Special_Provisions/2024 directory.
Additional notes and details regarding this data release:
PM-24-013: Whole-Farm Revenue Protection and Expected Values
Background
The Risk Management Agency has been asked whether Federal Crop Insurance Corporation (FCIC) published prices released in the latter part of the prior policy year can be considered appropriate when establishing an expected value for a commodity under WFRP when the prices for that commodity have declined prior to the application for WFRP. The WFRP Pilot Policy provides direction on how to address this situation.
Actuarial Release 24-006
As of February 16, 2024 the following information is now available on the FTP site:
- 2024 Actuarial Data Master for the 6/30, 11/30 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:
PM-24-012: 2024 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Price Volatility Factors Announcement
For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of January 15, 2024, through February 14, 2024. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.