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Corn

PM 19-012

Common Crop Insurance Policy & Area Risk Protection Insurance

The 2019 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion.

MGR-19-001

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2019 and 2020 crop year. The following attachments, 2019 Expansion of Existing Perennial and Spring Crops Programs and 2020 Expansion of Existing Perennial Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2019 and 2020 crop year.

Attachment

PM-19-005

Common Crop Insurance Policy1

The 2019 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2019 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

MGR-18-017

Background

As announced today, Risk Management Agency (RMA) has developed the Multi-County Enterprise Unit (MCEU) Endorsement in response to requests to incorporate small amounts of acreage from one county into an enterprise unit for a contiguous county. The MCEU Endorsement attaches to eligible Common Crop Insurance Policy, Basic Provisions, and Crop Provisions for the insured crop and allows a producer to combine acreage of an insured crop, by irrigation practice, if applicable, in two contiguous counties in the same state into one enterprise unit (EU).

PM-18-060

Common Crop Insurance Policy & Area Risk Protection Insurance 1, 2

The 2018 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, practices, sales closing dates and states indicated in the following table.

PM 18-056

Background

White and Waxy Specialty Corn is a privately developed product that was approved under section 508(h) of the Federal Crop Insurance Act by the Federal Crop Insurance Corporation Board of Directors on August 15, 2018.

White and Waxy Specialty Corn insurance allows policyholders to insure their specialty type corn at a more favorable contract price if grown under contract in specific counties. This program is available for both Yield Protection and Revenue Protection plans of insurance.

Actuarial 18-041

As of November 27, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 6/30, 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

  • 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.
  • 2019 Special Provisions are in the Special_Provisions/2019 directory.

Additional notes and details regarding this data release:

MGR-18-015

Background

The High-Risk Alternative Coverage Endorsement (HR-ACE) allows policyholders to insure high-risk acres at a coverage level that is lower than the coverage level on their non-high-risk acres (as an optional endorsement to a Federally reinsured corn, soybean, wheat, or grain sorghum crop provisions).