Stacked Income Protection Program

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the SCO Endorsement, and Section 9 of the STAX Cotton Crop Provisions, approved final county yields, final county revenues, and payment factors for the 2020 crop year will be available by close of business today in the following formats:

Background

The Agriculture Risk Protection (ARC) and Price Loss Coverage (PLC) programs administered by the Farm Service Agency (FSA) allow for annual enrollment. In accordance with the Federal Crop Insurance Act (Act), acreage with seed cotton base enrolled in ARC or PLC cannot be covered under STAX. Accordingly, the STAX policy states acres are uninsurable if they “have been enrolled” in ARC or PLC.

Background

The Risk Management Agency (RMA) has received several questions about the Wildfire Hurricane Indemnity Program (WHIP) and Wildfire Hurricane Indemnity Program+ (WHIP+) administered by USDA’s Farm Service Agency (FSA). Specifically, RMA has been asked if Hurricane Insurance Protection-Wind Index (HIP-WI), Supplemental Coverage Option (SCO), Enhanced Coverage Option (ECO), Stacked Income Protection Plan (STAX), and Margin Protection Plan (MP) can be used to meet linkage requirements under WHIP and WHIP+.

As of

In accordance with Section 10 of the SCO Endorsement and Section 9 of the STAX Cotton Crop Provisions, approved final area yields and final area revenues for 2019 crop year Cotton, Cotton Ex Long Staple, Safflower and California Tomatoes will be available by close of business today in the following formats:

Background

On November 15, 2019, the Federal Crop Insurance Corporation Board of Directors approved the Hurricane Insurance Protection – Wind Index (HIP-WI) Endorsement. It is available for the 2020 crop year for both Catastrophic (CAT) and additional coverage for Common Crop Insurance Policy Basic Provisions policies, when provided in the actuarial documents, in counties located in the vicinity of the Gulf of Mexico and the Atlantic Ocean, as well as Hawaii.

Common Crop Insurance Policy & Area Risk Protection Insurance ^{1, 2}

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 – Harvest Price Exclusion. The harvest prices are applicable for the crops, types, practices, sales closing dates and states indicated in the following table.

In accordance with Section 10 of the SCO Endorsement and Section 9 of the STAX Cotton Crop Provisions, approved final area yields and final area revenues for 2018 crop year Cotton, Cotton Ex Long Staple, Safflower and CA Tomatoes will be available by close of business today in the following formats:

Background

The Agriculture Improvement Act of 2018 (2018 Farm Bill) allows producers to make an election of ARC or PLC for each Farm Number in 2019, which will cover the 2019 and 2020 crop years. Enrollment in ARC or PLC will occur after this election. Election or enrollment dates will not begin until after acreage reporting date for cotton producers.