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PM-24-003: 2024 Crop Year Common Crop Insurance Policy Projected Prices and Price Volatility Factors Announcement

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 December 15, 2023, through January 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.

These values will also be available at the following locations on RMA’s website by January 18, 2024:

Actuarial Release 24-001

As of January 08, 2024 the following information is now available on the FTP site:

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

Actuarial Release 23-052

As of December 20, 2023 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 8/31, 11/30, 12/31, 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:

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:

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