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Wheat

Actuarial Release 23-030

As of August 24, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 6/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 8/31 Filing Date.

Users can find this information in the following directories:

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

Additional notes and details regarding this data release:

PM-23-041: 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 July 1, 2023, through July 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 August 3, 2023:

MGR-23-003: 2024 Crop Year County Fall 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 June 30 contract change date. The following attachment, 2024 Expansion of Existing Fall 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 2024 crop year. 

DISPOSAL DATE: 
December 31, 2023. 

PM-23-038: 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 June 1, 2023, through June 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 July 6, 2023:

PM-23-037: Margin Protection Changes Effective for the 2024 and Succeeding Crop Years

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.

Actuarial Release 23-024

As of June 28, 2023 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2023 Special Provisions for the 11/30 Filing Date.
  • 2024 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 6/30 Filing Date.

Users can find this information in the following directories:

Actuarial Release 23-014

As of April 14, 2023 the following information is now available on the FTP site:

  • 2021 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
  • 2022 Actuarial Data Master for the 6/30, 9/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2023 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
  • 2024 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-23-018: 2021 Crop Year Supplemental Coverage Option (SCO) Final County Yields for Sugarcane; 2022 Crop Year Margin Protection (MP) Final County Yields, Harvest Revenue and Harvest Margins for Wheat; 2022 Crop Year Area Risk Protection Insurance...

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 2021/2022 crop year will be available by close of business today in the following formats:

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.