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Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2019 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, types and practices indicated in the following table.
The Risk Management Agency (RMA) has revised the Margin Protection (MP) Plan of Insurance for the 2020 crop year, as follows:
The Federal Crop Insurance Act (Act) allows developers of approved privately-developed crop insurance products (“508(h) products”) to maintain their 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy. Section 522(b)(4)(D)(ii) of the Act and 7 C.F.R. 400.712(l)(5) provide that the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) will determine the reasonableness and approve the amount of user fee that is payable to the developer by the AIP.
In accordance with Section 15 of the ARPI Crop Provisions, Section 14 of the MP Crop Provisions and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues and harvest margins for the 2017/2018 crop year will be available by close of business today in the following formats:
In accordance with Section 3 of the ARPI Crop Provisions and Section 14 of the MP Crop Provisions, approved final county yields, final county revenues, harvest revenues and harvest margins for the 2018 crop year wheat will be available by close of business today in the following formats:
The 2019 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2019 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.
The 2018 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection – Harvest Price Exclusion. The harvest prices are applicable for the crops, types, practices, sales closing dates and states indicated in the following table.
