Soybeans

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:

As of September 19, 2023 the following information is now available on the FTP site:

• 2024 Actuarial Data Master for the 6/30 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:

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Margin Protection (MP) crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on November 17, 2022. The MP Provisions are also being revised to clarify a producer with an MP policy cannot transfer their base policy to another insurance provider or cancel their base policy to obtain insurance from another insurance provider.

As of June 15, 2023 the following information is now available on the FTP site:

• 2022 Actuarial Data Master for the 6/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2022 Actuarial Data Master are in the References/Actuarial_Data_Master/2022 directory.

Additional notes and details regarding this data release:

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