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Yield Protection

Acronym
YP

PM-26-033: Forage Production Crop Provisions Changes Effective for the 2027 and Succeeding Crop Years

BACKGROUND:

On May 21, 2026, the Federal Crop Insurance Corporation (FCIC) Board of Directors approved modifications to the Forage Production Insurance Program. Beginning with the 2027 crop year, the Forage Production Actual Production History (APH) plan of insurance will be converted to the Yield Protection (YP), Revenue Protection (RP), and Revenue Protection with Harvest Price Exclusions (RP-HPE) plans of insurance in select counties in California, Idaho, Iowa, Michigan, Minnesota, Montana, Nebraska, North Dakota, Pennsylvania, South Dakota, Washington, and Wisconsin.

PM-26-013: 2026 Crop Year Dry Bean and Dry Pea Prices and Volatility Factors for States with a March 15, 2026, Sales Closing Date

In accordance with the Dry Bean Revenue Endorsement and the Dry Pea Revenue Endorsement, the Risk Management Agency (RMA) approved 2026 CY projected prices for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2026 CY volatility factors for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

PM-25-016: 2025 Crop Year Dry Bean and Dry Pea Prices and Volatility Factors for states with a March 15, 2025, Sales Closing Date

In accordance with the Dry Bean Revenue Endorsement and the Dry Pea Revenue Endorsement, the Risk Management Agency (RMA) approved 2025 CY projected prices for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2025 CY volatility factors for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

PM-24-016: 2024 Crop Year Dry Bean and Dry Pea Projected Prices, Volatility Factors, and Additional Projected Prices for the March 15, 2024, Sales Closing Date

The Risk Management Agency (RMA) approved the 2024 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2024 CY volatility factors shown below for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

PM-23-015: 2023 Crop Year (CY) Dry Bean and Dry Pea Projected Prices, Volatility Factors, and Additional Projected Prices for the March 15, 2023, Sales Closing Date (SCD)

The Risk Management Agency (RMA) approved the 2023 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2023 CY volatility factors shown below for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

PM-23-014: 2023 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors; Malting Barley Endorsement Projected Price Component and Volatility Factor; and Hybrid Seed Price Endorsement - Hybrid

PM-22-072.1: Small Grains Crop Provisions and Processing Sweet Corn Changes Effective for the 2023 and Succeeding Crop Years

Background

The Risk Management Agency (RMA) issued Product Management Bulletin PM-22-072 on November 28, 2022, announcing changes to the Small Grains Crop Provisions and the Small Grains Crop Provisions were released at that time. The amended Small Grains Crop Provisions expanded revenue coverage to oats and rye, matching available coverage for barley and wheat. The changes are effective for spring oats for the 2023 and succeeding crop years and for winter oats and rye for the 2024 and succeeding crop years.