Grain Sorghum

Background

The Risk Management Agency (RMA) derives prices for certain programs by applying factors and premiums to conventional projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors and premiums for organic rice, organic cotton, popcorn, organic popcorn, confectionery sunflowers, organic sunflowers, and grain sorghum are provided below.

Action

Organic Rice Price Factor

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 October 1, 2023, through October 31, 2023. 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 November 3, 2023:

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 September 1, 2023, through September 30, 2023. 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 October 4, 2023:

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 August 1, 2023, through August 31, 2023. 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 September 6, 2023:

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, Section 14 of the MP Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2022 crop year will be available by close of business today in the following formats:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

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

• 2023 Actuarial Data Master for the 4/30, 11/30 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:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹