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Rice

PM-16-003: 2016 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors

Common Crop Insurance Policy 1

The 2016 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2016 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

Actuarial Release 16-002

As of January 14, 2016 the following information is now available on the FTP site:

  • 2016 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2016 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

  • 2016 Actuarial Data Master are in the References/Actuarial_Data_Master/2016 directory.
  • 2016 Special Provisions are in the Special_Provisions/2016 directory.

Additional notes and details regarding this data release:

PM-15-057: Commodity Exchange Price Provisions for the 2016 and Succeeding Crop Years – November Update

Background

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, and 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:

Actuarial Release 15-047

As of November 27, 2015 the following information is now available on the FTP site:

  • 2015 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2016 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31, 11/30 Filing Date, YTD, and Daily Files.
  • 2016 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

PM-15-051: 2015 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1,2

The 2015 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.

PM-15-048: 2015 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy and Area Risk Protection Insurance 1, 2

The 2015 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.

PM-15-035.1: Margin Protection Plan of Insurance - 2016 and Succeeding Crop Years

Background

The Margin Protection (MP) Plan of Insurance utilizes the Margin Price Provisions to determine the insured commodity’s margin projected price, the margin harvest price, and the projected input prices and the harvest input prices. In 2014, Risk Management Agency (RMA) updated the Commodity Exchange Price Provisions (CEPP) for rice to allow separate prices for medium grain and short grain rice types.

PM-15-045: 2015 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2015 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.

PM-15-035: Margin Protection Plan of Insurance - 2016 and Succeeding Crop Years

Background

The Federal Crop Insurance Corporation Board of Directors approved the Margin Protection (MP) Plan of Insurance for corn, wheat, rice and soybeans on June 24, 2014. The MP plan of insurance is a privately developed product that was approved under section 508(h) of the Federal Crop Insurance Act. The table below shows the crops and states were MP will be available.