Oats

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 June 1, 2023, through June 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 July 6, 2023:

Background

The Risk Management Agency (RMA) derives prices for certain programs by applying factors to projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors for organic oats and organic rye are provided below.

Action

Organic Oats Price Factor

The “CEPP Section II: Oats” document authorizes RMA to derive organic oat prices. In accordance with this document, the following 2024 CY organic price factor will be applied to derive organic oats prices:

As of April 14, 2023 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2022 Actuarial Data Master for the 6/30, 9/30, 11/30 Filing Date, YTD, and Daily Files.
• 2023 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
• 2024 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

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 2021/2022 crop year will be available by close of business today in the following formats:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

Background

The Risk Management Agency (RMA) issued Product Management Bulletin PM-22-072 on November 28, 2022, announcing changes to the Small Grains Crop Provisions and the Small Grains Crop Provisions were released at that time. The amended Small Grains Crop Provisions expanded revenue coverage to oats and rye, matching available coverage for barley and wheat. The changes are effective for spring oats for the 2023 and succeeding crop years and for winter oats and rye for the 2024 and succeeding crop years.

As of November 28, 2022 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

• 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.
• 2023 Special Provisions are in the Special_Provisions/2023 directory.

Additional notes and details regarding this data release:

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, grain sorghum, and organic oats are provided below.

As of November 16, 2022 the following information is now available on the FTP site:

• 2021 Actuarial Data Master for the 6/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
• 2023 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories: