Whole-Farm Revenue Protection

Common Crop Insurance Policy ¹

The 2017 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection and Revenue Protection with Harvest Price Exclusion. The harvest prices are applicable for the crop, sales closing date, states and practices indicated in the following table.

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2018 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 December 15, 2017 to January 14, 2018. These factors apply only to states with a Sales Closing Date (SCD) of January 31, 2018.

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2017 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.

Background

The Risk Management Agency (RMA) revised the Whole-Farm Revenue Protection (WFRP) plan of insurance for the 2018 policy year. RMA consulted with stakeholders and based on their feedback, has made the following modifications and clarifications to the WFRP policy:

Common Crop Insurance Policy ¹

The 2018 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2018 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2017 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, practices and types indicated in the following table.

Background

On October 4, 2012, the Risk Management Agency (RMA) issued MGR-12-003.1 regarding the Arbitration Filing Process for Section 20(a) of the Common Crop Insurance Policy Basic Provisions.

Since issuance of MGR-12-003.1, various new crop insurance programs have been implemented such as Whole Farm Revenue Protection, and Pasture, Rangeland, Forage. Questions have been raised regarding whether MGR-12-003.1 applies to these new insurance programs.

As of September 26, 2017 the following information is now available on the FTP site:

• 2018 Actuarial Data Master for the 8/31, 9/30 Filing Date, YTD, and Daily Files.
• 2018 Special Provisions for the 9/30 Filing Date.

Users can find this information in the following directories:

• 2018 Actuarial Data Master are in the References/Actuarial_Data_Master/2018 directory.
• 2018 Special Provisions are in the Special_Provisions/2018 directory.

Additional notes and details regarding this data release:

As of September 15, 2017 the following information is now available on the FTP site:

• 2017 Actuarial Data Master for the 4/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.
• 2018 Actuarial Data Master for the 6/30, 8/31 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories: