Common Crop

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 October 1, 2024, through October 31, 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 November 5, 2024:

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 September 15, 2024, through October 14, 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 October 17, 2024:

BACKGROUND

Hurricane Milton caused catastrophic damage in Florida. The Risk Management Agency (RMA) recognizes the need for authorizing emergency procedures to streamline certain determinations to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.

BACKGROUND

On October 3, 2024, the Risk Management Agency (RMA) issued MGR-24-006, Emergency Procedures for Crops Damaged by Hurricane Helene and Continuing Impacts from Hurricane Debby, authorizing emergency procedures for all counties in Alabama, Florida, Georgia, Kentucky, North Carolina, Ohio, South Carolina, Tennessee, Virginia, and West Virginia impacted by Hurricanes Debby and/or Helene.

Since the issuance of MGR-24-006, RMA has received requests for additional emergency loss adjustment procedures and information regarding interest deferral.

BACKGROUND:

The Risk Management Agency (RMA) issued Product Management Bulletin PM-24-039 on June 27, 2024, announcing changes to several policies under the Expanding Options for Specialty and Organic Growers (EOSOG) Final Rule. The Common Crop Insurance Provisions Basic Provisions, Area Risk Protection Insurance Basic Provisions, and 7 individual Crop Provisions were released at that time.

BACKGROUND:

Hurricane Helene caused catastrophic damage in Alabama, Florida, Georgia, Kentucky, North Carolina, Ohio, South Carolina, Tennessee, Virginia, and West Virginia. There are also continuing impacts from Hurricane Debby in Florida, Georgia, North Carolina, and South Carolina. The Risk Management Agency (RMA) recognizes the need for authorizing emergency procedures to streamline certain determinations to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.

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 September 1, 2024, through September 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 October 3, 2024:

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2024 CY harvest prices for insurance offers with a harvest price discovery period of August 15, 2024, through September 14, 2024. For the Common Crop Insurance Policy and Area Risk Protection Insurance, RMA approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of August 15, 2024, through September 14, 2024.

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 August 1, 2024, through August 31, 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 September 5, 2024:

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2025 CY projected prices and price volatility factors for insurance offers with a projected price discovery period of July 15, 2024, through August 14, 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 August 19, 2024: