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PM-23-076: 2024 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: January 31, 2024, Sales Closing Date (SCD)

Background

The CEPP – Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2024 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of December 15, 2023, to January 14, 2024. These factors apply only to states with an SCD of January 31, 2024.

Actuarial Release 23-051

As of December 08, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 8/31 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:

2024 RY ADM Price updated to issue additional prices for almonds, reference PM-23-075, 8/31 filing.

Actuarial Release 23-050

As of December 07, 2023 the following information is now available on the FTP site:

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

Users can find this information in the following directories:

  • 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.

Additional notes and details regarding this data release:

PM-23-074: 2023 Crop Year Rainfall Index August – September Index Interval Final Grid Indices for Annual Forage, Apiculture, and Pasture, Rangeland, Forage 2023 Crop Year Rainfall Index March – September Catastrophic (CAT) Index Interval Final Grid ...

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:

PM-23-0073: Hurricane Insurance Protection - Wind Index (HIP-WI) Updated National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center (CPC) Rainfall Dataset August 2023

In accordance with Section 8(e) of the HIP-WI Endorsement and the Hurricane Data Provisions, the Risk Management Agency (RMA) reviewed the NOAA CPC dataset and preformed a re-analysis of the 2023 cyclones up to September 2, 2023. The approved counties will have an updated payment flag and triggering event date available by close of business today in the following formats:

MGR-23-007: Relay Cropping Practice Insurable by Written Agreement for Soybeans seeded into a small grain crop or camelina for the 2024 and Succeeding Crop Years

Background

Beginning in February 2022, the Risk Management Agency (RMA) allowed written agreements for a new relay cropping practice for soybeans seeded into a small grain crop through Manager’s Bulletin MGR-22-002 and, subsequently, through MGR-22-009 for the 2023 crop year. This MGR replaces MGR-22-009 beginning with the 2024 crop year.

Actuarial Release 23-049

As of December 01, 2023 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 8/31, 9/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-23-072: 2023 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

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 November 1, 2023, through November 30, 2023. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.usda.gov/apps/PriceDiscovery.

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