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Soybeans

Margin Coverage Option

Margin Coverage Option is a privately developed product that was submitted to the FCIC Board under Section 508(h) of the Federal Crop Insurance Act. Margin Coverage Option is offered as an endorsement for select crops. The endorsement provides producers with coverage against an unexpected decrease in their operating margin with a 86% to 95% band of insurance.

PM-25-029 Margin Coverage Option - Effective for the 2026 and Succeeding Crop Years

BACKGROUND:

The Federal Crop Insurance Corporation Board of Directors approved implementation of the Margin Coverage Option (MCO) program, under section 508(h) of the Federal Crop Insurance Act, on May 23, 2024.

MCO provides a band of insurance from 86 percent up to 95 percent of expected crop value to cover producers’ operating margins. MCO will be available as an endorsement for corn, cotton, grain sorghum, soybeans, rice, and spring wheat for the 2026 and succeeding crop years.

PM-25-017 2025 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of February 1, 2025, through February 28, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: Price Discovery.

These values will also be available at the following locations on RMA’s website by March 5, 2025:

PM-25-013 2025 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of January 15, 2025, through February 14, 2025. 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 February 20, 2025:

PM-25-005 2025 Crop Year Common Crop Insurance Policy Projected Prices and Volatility Factors

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of December 15, 2024, through January 14, 2025. 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 January 17, 2025:

MGR-24-008 2025 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 2025 crop year having a November 30 or December 31 contract change date. The following attachment, 2025 Expansion of Spring Crop Programs, lists the expansion by crop, state, and county.

ACTION:

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2025 crop year.

DISPOSAL DATE:
June 30, 2025.

Actuarial Release 24-051


As of December 04, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2025 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

Actuarial Release 24-050

As of December 03, 2024 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 11/30, 1/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.

Additional notes and details regarding this data release:

PM-24-083 2024 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of November 1, 2024, through November 30, 2024. 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 December 4, 2024: