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Basic Provisions

PM-24-039: Expanding Options for Specialty and Organic Growers Final Rule Effective for the 2025 and Succeeding Crop Years

Background

Today, June 27, 2024, the Federal Crop Insurance Corporation (FCIC) published a final rule in the Federal Register that amended Subpart J (Appeal Procedure), Common Crop Insurance Policy (CCIP), Basic Provisions and Area Risk Protection Insurance (ARPI), Basic Provisions, and various Crop Provisions.

PM-24-014: 2024 Crop Year Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2024, Sales Closing Date

Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2024, SCD.

PM-24-007: Nursery Value Select Expansion for the 2025 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Nursery Value Select (NVS) crop insurance program beginning with the 2025 crop year. In addition, the Crop Provisions are being updated to include small clarifications for consistency with the Basic Provisions.

Action

The NVS Crop Provisions (25-1010) are available on the Risk Management Agency (RMA) website at www.rma.usda.gov.

PM-23-064: Transparency in Policy Cancellations Final Rule Effective for the 2024 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) amended the Common Crop Insurance Policy (CCIP) Basic Provisions and Area Risk Protection Insurance (ARPI) Basic Provisions. The changes apply for the 2024 and succeeding crop years for the November 30, 2023, contract change date and for the 2025 crop year for crops with a contract change date prior to November 30, 2023.

PM-23-035.1: Actual Production History (APH) and Other Crop Insurance Transparency (APHCIT) Final Rule Effective for the 2024 and Succeeding Crop Years

Background

The Risk Management Agency (RMA) issued Product Management Bulletin PM-23-035 on June 29, 2023, announcing changes to several policies under the APHCIT Final Rule. In reviewing the changes made in the APHCIT Final Rule, the Federal Crop Insurance Corporation (FCIC) found some incorrect references and conflicting provisions that were not updated to accurately incorporate the changes, and a grammatical error was included in the amendatory instructions.