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Dry Peas

Actuarial Release 21-001

As of January 15, 2021 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

PM-17-013: 2017 Crop Year (CY) Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement: Selected Projected Prices, Volatility Factors, and Additional Projected Prices, as applicable, for States with a March 15, 2017 Sales Closing Date (SCD)

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.

PM-20-086: Area Risk Protection Insurance Basic Provisions, Common Crop Insurance Policy Basic Provisions, Sunflower Seed Crop Provisions, and Dry Pea Crop Provisions Changes Effective for the 2021 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation (FCIC) revised the Area Risk Protection Insurance (ARPI) Basic Provisions, Common Crop Insurance Policy (CCIP) Basic Provisions, Sunflower Seed Crop Provisions, and Dry Pea Crop Provisions for the 2021 and succeeding crop years for crops with a contract change date on or after November 30, 2020, and for all other crops, the changes are applicable for the 2022 and succeeding crop years. The changes include:

ARPI Basic Provisions:

MGR-20-029: 2021 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 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

Actuarial Release 20-033

As of August 13, 2020 the following information is now available on the FTP site:

  • 2020 Actuarial Data Master for the 8/31, 9/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
  • 2021 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
  • 2021 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

PM-20-039: Pulse Crop Revenue 508(h) Expansion Effective for the 2021 and Succeeding Crop Years

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: