Canola

Common Crop Insurance Policy ¹

The 2021 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2021 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. 

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:

Background

The Federal Crop Insurance Corporation (FCIC) revised the Canola and Rapeseed Crop Provisions for the 2021 and succeeding crop years. These provisions were revised to clarify policy provisions and for consistency with other crop provisions that offer coverage on both fall and spring-planted acreage of the crop in the same county.

Action

The following document will be available by close of business today on the RMA website at www.rma.usda.gov:

As of April 16, 2020 the following information is now available on the FTP site:

• 2018 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2019 Actuarial Data Master for the 4/30, 6/30, 8/31, 9/30, 11/30 Filing Date, YTD, and Daily Files.
• 2020 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
• 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

In accordance with Section 15 of the ARPI Crop Provisions, Section 14 of the MP Crop Provisions and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues and harvest margins for the 2018/2019 crop year will be available by close of business today in the following formats:

As of March 02, 2020 the following information is now available on the FTP site:

• 2019 Actuarial Data Master for the 8/31 Filing Date, YTD, and Daily Files.
• 2020 Actuarial Data Master for the 4/30, 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories: