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Grain Sorghum

PM-20-003: 2020 Crop Year (CY) Common Crop Insurance Policy and Margin Protection Projected Prices and Volatility Factors

Common Crop Insurance Policy 1

The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors apply to policies with a January 31 sales closing date and are applicable for the crops, types, practices and states indicated below:

PM 19-069: Commodity Exchange Price Provisions for the 2020 and Succeeding Crop Years

Background

The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat.

The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:

PM 19-070: Coarse Grains Crop Provisions and High-Risk Alternate Coverage Endorsement Handbook Changes Effective for the 2020 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) revised the Coarse Grains Crop Provisions to allow separate enterprise or optional units by following another crop (FAC) and not following another crop (NFAC) cropping practices for grain sorghum and soybeans when allowed by the actuarial documents, and to make other technical edits. FCIC also revised the High-Risk Alternate Coverage Endorsement (HR-ACE) Standards Handbook to incorporate the changes made in the Coarse Grains Crop Provisions. The changes will be effective for the 2020 and succeeding crop years.

Actuarial Release 19-041

As of November 27, 2019 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 6/30, 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

  • 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
  • 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release:

Actuarial Release 19-040

As of November 23, 2019 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2020 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

  • 2020 Actuarial Data Master are in the References/Actuarial_Data_Master/2020 directory.
  • 2020 Special Provisions are in the Special_Provisions/2020 directory.

Additional notes and details regarding this data release:

PM-19-059: 2019 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1, 2

The 2019 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, types, practices, sales closing dates and states indicated in the following table.

PM-19-055: 2019 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Plan Harvest Prices Announcement

Common Crop Insurance Policy and Area Risk Protection Insurance 1

The 2019 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, sales closing dates, states, types, and practices indicated in the following table.