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Actuarial Release 23-018

As of May 31, 2023 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 8/31, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2023 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-23-024: Public Feedback on Prevented Planting - CORRECTION

Background

Prevented planting is a feature of many crop insurance plans that provides a payment to cover certain pre-plant costs for a crop that was prevented from being planted due to an insurable cause of loss. The Federal Crop Insurance Corporation (FCIC) published a Request for Information in the Federal Register on May 23, 2023, soliciting public comments on possible changes to the prevented planting provisions of the Common Crop Insurance Policy (CCIP), Basic Provisions.

PM-23-024: Public Feedback on Prevented Planting

Background

Prevented planting is a feature of many crop insurance plans that provides a payment to cover certain pre-plant costs for a crop that was prevented from being planted due to an insurable cause of loss. The Federal Crop Insurance Corporation (FCIC) published a Request for Information in the Federal Register on May 23, 2023, soliciting public comments on possible changes to the prevented planting provisions of the Common Crop Insurance Policy (CCIP), Basic Provisions.

Actuarial Release 23-017

As of May 16, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 4/30 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-23-023: 2023 Price B for Cotton Quality Adjustment

Background

In accordance with the Special Provisions, Price B will be established by adding premiums and/or discounts associated with the predominant cotton quality characteristics, as determined by the Farm Service Agency, to the Upland and Extra Long Staple (ELS) Cotton National Average Loan Rates. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.

PM-23-022: Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection - Modifications Effective for 2024 and Succeeding Crop Years

Background 

The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP)-Fed Cattle plan of insurance under section 508(h) of the Federal Crop Insurance Act on February 17, 2023, and April 19, 2023. The FCIC Board also approved revisions to the Livestock Gross Margin (LGM) plans of insurance under section 508(h) of the Federal Crop Insurance Act on May 19, 2022, and April 19, 2023. Updates were also made to the Dairy Revenue Protection (DRP) program.

PM-23-021: Annual Forage Plan of Insurance - Modifications Effective for 2024 and Succeeding Crop Years and Rainfall Index Basic Provisions Changes

Background

The Federal Crop Insurance Corporation’s Board of Directors approved revisions to the Annual Forage plan of insurance under section 508(h) of the Federal Crop Insurance Act on February 17, 2023. The following revisions are applicable for the 2024 and succeeding crop years:

Actuarial Release 23-016

As of April 28, 2023 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
  • 2022 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 4/30 Filing Date.

Users can find this information in the following directories:

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