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Peanuts

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.

MGR-23-006: 2024 Crop Year County Spring Crop Program Expansion

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2024 crop year having a November 30 contract change date. The following attachment lists the county crop program expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2024 crop year. 

DISPOSAL DATE: 
December 31, 2024. 

PM-23-067: 2023 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

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:

PM-23-027: 2022 Crop Year Supplemental Coverage Option (SCO) Final County Yields for Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas,...

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:

PM-23-014: 2023 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors; Malting Barley Endorsement Projected Price Component and Volatility Factor; and Hybrid Seed Price Endorsement - Hybrid

PM-23-005: 2023 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: March 15, 2023, Sales Closing Date (SCD)

Background

The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2023 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 February 1, 2023, to February 28, 2023. These factors apply only to states with a SCD of March 15, 2023.

PM-23-003: 2023 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: February 28, 2023, Sales Closing Date (SCD)

Background

The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2023 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 January 15, 2023, to February 14, 2023. These factors apply only to states with a SCD of February 28, 2023.

PM-22-078: 2023 Crop Year (CY) Commodity Exchange Price Provisions (CEPP) – Peanuts Factors: January 31, 2023, Sales Closing Date

Background

The CEPP – Peanuts factors necessary to establish the insured’s amount of protection under the peanut program for the 2023 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, 2022, to January 14, 2023. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2023.