Revenue Protection

Background

Organic Rice Price Factor

The Risk Management Agency (RMA) offers distinct organic practice rice prices. The definitions and specifications for the organic practice rice prices are provided in the ‘Commodity Exchange Price Provisions (CEPP) Section II: Rice’ document.

The following 2020 CY organic practice price factor will be applied to the conventional practice rice prices, in accordance with the CEPP, to derive the organic practice rice prices:

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.

Common Crop Insurance Policy ¹

The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 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 crops, types, practices, sales closing date, and states indicated in the following table.

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

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.

Common Crop Insurance Policy¹

The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 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 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, practices and types indicated in the following table.

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, practices and types indicated in the following table.

Background

When determining the amount payable for a Whole-Farm Revenue Protection (WFRP) claim, some sources of revenue in addition to direct sales of commodities are included as revenue-to-count. These sources of revenue may reflect income related to the commodities on the farm operation, such as income to compensate the producer for damage to insured commodities other than WFRP indemnities.