Livestock

BACKGROUND:

The Department of Agriculture (USDA), Risk Management Agency (RMA) has become aware of arrangements between Insurance Agencies that service Federal Crop Insurance Policies and third-party financial institutions that offer exclusive premium funding agreements to policyholders. This memo is to remind Federal Crop Insurance Program participants that rebating and inducements to purchase crop insurance are strictly prohibited by the Federal Crop Insurance Act (Act), the Standard Reinsurance Agreement (SRA), and the Livestock Price Reinsur

BACKGROUND:

The 2026 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III will be available tomorrow electronically via the Risk Management Agency (RMA) website at www.rma.usda.gov/Policy-and-Procedure/Appendix-III-M13-Handbook-Index under the Appendix III/M-13 directory.

ACTION:

Modifications in the 2026 Appendix III include the following crop insurance program changes: