Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy 12/01/2022
Subject
2022 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2022 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection – Harvest Price Exclusion. The harvest prices are applicable for the crops, practices, sales closing dates, and states indicated in the following table.
| Crop/Practice/Sales Closing Date/State | Exchange | Contract | Harvest Price |
|---|---|---|---|
| Corn March 15 Sales Closing Date Idaho, Michigan, Oregon, and Washington | CBOT | December Corn | $6.68 per bushel |
| Corn - Organic Practice March 15 Sales Closing Date Idaho, Michigan, Oregon, and Washington | CBOT | December Corn | $13.27 per bushel |
| Cotton2 March 15 Sales Closing Date Kansas, New Mexico, and Oklahoma | ICE | December Cotton | $0.84 per pound |
| Cotton - Organic Practice2 March 15 Sales Closing Date Kansas, New Mexico, and Oklahoma | ICE | December Cotton | $1.24 per pound |
| Popcorn March 15 Sales Closing Date Michigan | CBOT | December Corn | $0.2872 per pound |
| Popcorn - Organic Practice March 15 Sales Closing Date Michigan | CBOT | December Corn | $0.4135 per pound |
| Soybeans February 28 Sales Closing Date Alabama, Florida, Georgia, North Carolina, and South Carolina | CBOT | January (2023) Soybeans | $14.44 per bushel |
| Soybeans - Organic Practice February 28 Sales Closing Date Alabama, Florida, Georgia, North Carolina, and South Carolina | CBOT | January (2023) Soybeans | $27.62 per bushel |
| Soybeans March 15 Sales Closing Date Delaware, Maryland, Oklahoma, Virginia, and West Virginia | CBOT | January (2023) Soybeans | $14.44 per bushel |
| Soybeans - Organic Practice March 15 Sales Closing Date Delaware, Maryland, Oklahoma, Virginia, and West Virginia | CBOT | January (2023) Soybeans | $27.62 per bushel |
| 1 Harvest Prices are applicable for the Enhanced Coverage Option (ECO) and the Supplemental Coverage Option (SCO). 2 Harvest Prices are applicable for Stacked Income Protection (STAX) cotton policies. | |||
DISPOSAL DATE
December 31, 2023