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The Risk Management Agency (RMA) derives prices for certain programs by applying factors and premiums to conventional projected and harvest prices established in accordance with the Commodity Exchange Price Provisions (CEPP). The factors and premiums for organic rice, organic cotton, popcorn and organic popcorn are provided below.
Organic Rice Price Factor
In accordance with Section 3 of the ARPI Crop Provisions and Section 14 of the MP Crop Provisions, approved final county yields, final county revenues, harvest revenues and harvest margins for 2016 crop year will be available by close of business today in the following formats:
In accordance with Section 10 of the SCO Endorsement, approved Final Area Yields and Final Area Revenues for 2016 crop year will be available by close of business today in the following formats:
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board), on February 15, 2017, approved the following modifications to the Margin Protection (MP) Plan of Insurance for corn, wheat, rice and soybeans pilot program beginning with the 2018 crop year:
The Commodity Exchange Price Provisions (CEPP) are used in conjunction with either the Common Crop Insurance Policy Basic Provisions or the Area Risk Protection Insurance Basic Provisions, along with Crop Provisions for the following crops: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers and wheat. The CEPP specifies how and when the projected and harvest price components will be determined. The CEPP contains two sections:
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:
Common Crop Insurance Policy & Area Risk Protection Insurance 1, 2
The 2020 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, types, practices, sales closing dates and states indicated in the following table.
Common Crop Insurance Policy and Area Risk Protection Insurance 1
The 2020 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, sales closing dates, states, types, and practices indicated in the following table.
