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Corn

Margin Coverage Option

Margin Coverage Option is a privately developed product that was submitted to the FCIC Board under Section 508(h) of the Federal Crop Insurance Act. Margin Coverage Option is offered as an endorsement for select crops. The endorsement provides producers with coverage against an unexpected decrease in their operating margin with a 86% to 95% band of insurance.

PM-25-029: Margin Coverage Option - Effective for the 2026 and Succeeding Crop Years

BACKGROUND:

The Federal Crop Insurance Corporation Board of Directors approved implementation of the Margin Coverage Option (MCO) program, under section 508(h) of the Federal Crop Insurance Act, on May 23, 2024.

MCO provides a band of insurance from 86 percent up to 95 percent of expected crop value to cover producers’ operating margins. MCO will be available as an endorsement for corn, cotton, grain sorghum, soybeans, rice, and spring wheat for the 2026 and succeeding crop years.

Actuarial Release 25-009

As of March 05, 2025 the following information is now available on the FTP site:

  • 2025 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2025 Actuarial Data Master are in the References/Actuarial_Data_Master/2025 directory.

Additional notes and details regarding this data release:

PM-25-017: 2025 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of February 1, 2025, through February 28, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: Price Discovery.

These values will also be available at the following locations on RMA’s website by March 5, 2025:

Actuarial Release 25-007

As of February 28, 2025 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2025 Actuarial Data Master for the 4/30, 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

PM-25-013: 2025 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of January 15, 2025, through February 14, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by February 20, 2025:

Actuarial Release 25-004

As of February 04, 2025 the following information is now available on the FTP site:

  • 2025 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2025 Actuarial Data Master are in the References/Actuarial_Data_Master/2025 directory.

Additional notes and details regarding this data release:

PM-25-011: 2025 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors

For the Common Crop Insurance Policy and Area Risk Protection Insurance, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of January 1, 2025, through January 31, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here: public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by February 5, 2025:

PM-25-005: 2025 Crop Year Common Crop Insurance Policy Projected Prices and Volatility Factors

For the Common Crop Insurance Policy, the Risk Management Agency (RMA) approved 2025 CY projected prices and volatility factors for insurance offers with a projected price discovery period of December 15, 2024, through January 14, 2025. These values may be viewed in the attachment and on RMA’s Price Discovery portal, located here:
public-rma.fpac.usda.gov/apps/PriceDiscovery.

These values will also be available at the following locations on RMA’s website by January 17, 2025: