Processing Tomatoes
MGR-19-018: Emergency Process for 2019 Crop Year Processing Tomato Contract Price
Background
The Risk Management Agency (RMA) has been advised that some processing tomato policy holders in California are at risk of losing coverage for their 2019 crop. Due to market conditions, price negotiations have been extended and a final price has not been set. It is estimated that a significant percentage of policy holders in California do not yet have a final contract price. In addition, on May 19, 2019, a severe hail storm in Fresno County caused extensive damage to thousands of acres of processing tomatoes.
MGR-18-009: Deviation to Processing Tomato Contract Requirement for 2018 Crop Year
Background
The Risk Management Agency (RMA) has been advised that some processing tomato policy holders in California are at risk of losing coverage for their 2018 crop. Due to market conditions resulting in extended price negotiations, it is estimated that 30 percent to 40 percent of policy holders in California do not yet have a final contract price. A processor contract including a price per ton is a requirement to maintain insurance eligibility under the terms of coverage for the Processing Tomato Crop Provisions (05-087) (“policy”).
Actuarial Release 15-034
As of August 27, 2015 the following information is now available on the FTP site:
- 2016 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
- 2016 Special Provisions for the 8/31 Filing Date.
Users can find this information in the following directories:
- 2016 Actuarial Data Master are in the References/Actuarial_Data_Master/2016 directory.
- 2016 Special Provisions are in the Special_Provisions/2016 directory.
Additional notes and details regarding this data release: