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Corn

PM-23-037: Margin Protection Changes Effective for the 2024 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) Board of Directors approved expansion of the Margin Protection (MP) crop insurance program, under section 508(h) of the Federal Crop Insurance Act, on November 17, 2022. The MP Provisions are also being revised to clarify a producer with an MP policy cannot transfer their base policy to another insurance provider or cancel their base policy to obtain insurance from another insurance provider.

Actuarial Release 23-020

As of June 15, 2023 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 6/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2022 Actuarial Data Master are in the References/Actuarial_Data_Master/2022 directory.

Additional notes and details regarding this data release:

PM-23-027: 2022 Crop Year Supplemental Coverage Option (SCO) Final County Yields for Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas,...

In accordance with Section 15 of the ARPI Crop Provisions, Section 10 of the ECO Endorsement, Section 14 of the MP Crop Provisions, and Section 10 of the SCO Endorsement, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2022 crop year will be available by close of business today in the following formats:

PM-23-014: 2023 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors; Malting Barley Endorsement Projected Price Component and Volatility Factor; and Hybrid Seed Price Endorsement - Hybrid

Actuarial Release 23-010

As of February 28, 2023 the following information is now available on the FTP site:

  • 2022 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2023 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:

Actuarial Release 23-005

As of February 01, 2023 the following information is now available on the FTP site:

  • 2023 Actuarial Data Master for the 4/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.

Additional notes and details regarding this data release:

MGR-22-010: 2023 Crop Year County Spring Crop Program Expansions

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2023 crop year having a November 30 through December 31 contract change date. The following attachment, 2023 Expansion of Existing Spring Crop Programs, lists the expansion by crop, state, and county.

Action

Approved Insurance Providers should advise producers of the expanded county crop programs for the 2023 crop year. 

DISPOSAL DATE: 
June 30, 2023.