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PM-24-028: Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection - Modifications Effective for 2025 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2025 and succeeding crop years:

Livestock Risk Protection changes include:

Actuarial Release 24-013

As of April 23, 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.
  • 2025 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

PM-24-024: 2022 Crop Year Enhanced Coverage Option Final County Yields for Sugarcane; 2022 Crop Year Supplemental Coverage Option Final County Yields for Sugarcane; 2023 Crop Year Area Risk Protection Insurance Final County Yields for Forage Production;

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, and Section 10 of the SCO Endorsement, approved final county yields, and payment factors for the 2022/2023 crop year will be available by close of business today in the following formats:

Final Agency Determination: FAD-321

Subject: A joint request dated March 25, 2024, submitted to the Risk Management Agency (RMA) for a final agency determination (FAD) for the 2022 crop year of section 14(c) of the Apple Crop Provisions, published at C.F.R. §457.158. This request is pursuant to 7 C.F.R. § 400, Subpart X.

Reference:

The Common Crop Insurance Policy Basic Provisions (CCIP Basic Provisions) state, in relevant part:

11. Insurance Period

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Actuarial Release 24-012

As of April 16, 2024 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
  • 2023 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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