Skip to main content

Basic Provisions

PM-20-036: Commodity Exchange Price Provisions for the 2021 and Succeeding Crop Years

Background

The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat.

The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:

MGR-20-006.1: COVID-19 and Impact on Production Reporting Date (PRD) for Crops

Background

The Risk Management Agency (RMA) issued bulletin MGR-20-006 on March 27, 2020, due to “stay at home” orders issued in response to the COVID-19 pandemic. MGR-20-006 authorized Approved Insurance Providers (AIPs) to accept production reports through the earlier of the acreage reporting date (ARD) or 30 calendar days after the applicable production reporting date (PRD) for 2019 and 2020 crop year policies insured under the Common Crop Insurance Policy, Basic Provisions (BP) with a PRD of March 15, 2020, or later.

MGR-19-029: Prevented Planting Eligible Acre History when Contracted Crop Acres are Reduced

Background

The Risk Management Agency (RMA) is receiving multiple inquiries regarding the use of prevented planting eligible acre history for crops that require a contract with a processor to be insured. Specifically, RMA has been asked to address situations where some insureds had reduced contracted acreage in 2019, which were not reduced solely due to prevented planting (e.g. an insured had a processor contract for 400 acres in 2018 and only 100 contracted acres in 2019).

MGR-19-026: Sugar Beet Insurance Coverage Extended to Clamps

Background

The Common Crop Insurance Policy Basic Provisions state that insurance coverage ends on the earliest of the following: total destruction of the insured crop, harvest of the insured crop, final adjustment of a loss, abandonment of the insured crop, or the calendar date for the end of insurance period. The Sugar Beet Crop Provisions define harvest as the topping and lifting of sugar beets in the field.

PM-19-051: 2020 Crop Year (CY) Additional Price Elections for Forage Production with a September 30, 2019 Sales Closing Date

Additional Price Elections:

In accordance with section 3(e)(1) of the Common Crop Insurance Policy Basic Provisions, RMA is providing additional price elections for the Actual Production History (APH) and Supplemental Coverage Option plans for selected states/types in the Forage Production program.