Cotton
PM-25-036: 2024 Crop Year Supplemental Coverage Option, Enhanced Coverage Option, Area Risk Protection Insurance, Margin Protection, Stacked Income Protection Plan
In accordance with Section 9 of the STAX Cotton Crop Provisions Section, Section 10 of the ECO Endorsement, Section 10 of the SCO Endorsement, Section 14 of the MP Crop Provisions, and 15 of the ARPI Crop Provisions, approved final county yields, final county revenues, harvest revenues, harvest margins and payment factors for the 2024 crop year will be available by close of business June 13, 2025, in the following formats:
PM-25-032: 2025 Price B for Cotton Quality Adjustment
BACKGROUND:
In accordance with the Special Provisions, Price B will be established by adding premiums and/or discounts associated with the predominant cotton quality characteristics, as determined by the Farm Service Agency, to the Upland and Extra Long Staple (ELS) Cotton National Average Loan Rates. The predominant quality characteristics of cotton in each state are determined from the most recent three years of Agricultural Marketing Service cotton classing data.
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.
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:
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:
MGR-25-001: Stacked Income Protection Plan and Supplemental Coverage Option Reporting Requirements for the 2025 Crop Year
BACKGROUND:
The STAX and SCO programs administered by the Risk Management Agency (RMA) have insurability limitations based on the producer’s enrollment or election status in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs, which are administered by the Farm Service Agency (FSA). The STAX policy requires producers to report the enrollment status of their acreage in ARC or PLC. The SCO endorsement requires producers to report the election status of their farm for ARC and PLC.
PM-25-010: 2025 Crop Year Commodity Exchange Price Provisions – Peanuts Factors: March 15, 2025, Sales Closing Date
BACKGROUND:
The CEPP – Peanuts factors necessary to establish a producer’s amount of protection under the peanut program for the 2025 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of February 1, 2025, to February 28, 2025. These factors apply only to states with an SCD of March 15, 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: