Dry Beans

Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement¹

The approved 2017 CY projected prices shown below are for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The approved 2017 CY volatility factors shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

Additional Price Elections:

In accordance with section 3(e)(1) of the Basic Provisions, RMA is providing additional price elections for selected APH and SCO dry bean types and dry pea types with a March 15, 2017 SCD.

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2021 crop year having a November 30, 2020, or December 31, 2020, contract change date. The following attachment, 2021 Expansion of Existing Spring Crop Programs, lists the expansion by crop, state, and county for this permanent (non-pilot) program.

Action

Approved Insurance Providers should advise producers of the expanded county crop program for the 2021 crop year.

DISPOSAL DATE:
March 15, 2021

In accordance with Section 10 of the SCO Endorsement, approved Final Area Yields and Final Area Revenues for the 2016 crop year will be available by close of business today in the following formats:

As of

In accordance with Section 10 of the SCO Endorsement, approved final area yields for 2019 crop year Buckwheat, Burley Tobacco, Cigar Binder Tobacco, Corn, Cucumbers, Dark Air Tobacco, Dry Beans, Fire Cured Tobacco, Flax, Flue Cured Tobacco, Grain Sorghum, Green Peas, Hybrid Corn Seed, Hybrid Seed Rice, Hybrid Sorghum Seed, Millet, Mustard, Peanuts, Popcorn, Processing Beans, Pumpkins, Rice, Sesame, Silage Sorghum, Soybeans, Sugar Beets, Sunflowers, Sweet Corn, and 11/30 Tomatoes will be available by close of business today in the following formats:

Background

The Federal Crop Insurance Corporation Board of Directors approved changes to the Pulse Crop Revenue program which includes the Dry Bean Revenue Endorsement (DBRE) and Dry Pea Revenue Endorsement (DPRE), under section 508(h) of the Federal Crop Insurance Act, on May 21, 2020.

The following changes are applicable for the 2021 and succeeding crop years:

Background

Many state and local governments have issued “stay-at-home” orders in response to the COVID-19 pandemic, which may prevent loss adjusters from completing on-the-farm replant inspections and obtaining associated signatures required for replant certification purposes. In the absence of “stay-at-home” orders, loss adjusters and policyholders may also be prevented from meeting in person due to concerns of spreading COVID-19. 

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:

Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement

The approved 2020 CY projected prices shown below are for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The approved 2020 CY volatility factors shown below are for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.