Soybeans

Malting Barley Endorsement

Common Crop Insurance Policy & Area Risk Protection Insurance ^1,2,3

The 2018 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion.

Common Crop Insurance Policy ¹

The 2018 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2018 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

Background

The Federal Crop Insurance Corporation has expanded the number of counties where certain crops are insurable for the 2018 crop year. The following attachment, 2018 Expansion of Existing Spring Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs.

Action

Approved Insurance Providers should advise agents and in turn producers of the expanded county crop programs for the 2018 crop year to allow producers the opportunity to purchase crop insurance.

Background

The Federal Crop Insurance Corporation (FCIC) has expanded the number of counties where certain crops are insurable for the 2017 crop year. The following attachment, 2017 Expansion of Existing Spring Crops Programs, lists the expansion by crop, state, and county for permanently-established (non-pilot) programs. The Risk Management Agency is continuing the policy of expanding crop insurance programs, particularly where interest by producers has been shown of providing producers the opportunity and responsibility for managing their own risk for their farming operations.

As of April 14, 2017 the following information is now available on the FTP site:

• 2016 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.
• 2017 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2018 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

As of March 09, 2017 the following information is now available on the FTP site:

• 2017 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2017 Special Provisions for the 11/30 Filing Date

Users can find this information in the following directories:

• 2017 Actuarial Data Master are in the References/Actuarial_Data_Master/2017 directory.
• 2017 Special Provisions are in the Special_Provisions/2017 directory.

Additional notes and details regarding this data release:

Watts and Associates, Inc. (Watts), the developers of the Specialty Trait Soybeans (Specialty Soybean) plan of insurance, advised the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) of their intent to maintain the Specialty Soybean plan of insurance and charge a user fee to approved insurance providers (AIP) selling the plan. Section 522(b)(4)(C) of the Federal Crop Insurance Act (Act) allows submitters to maintain approved 508(h) products and charge a user fee to approved insurance providers (AIP) that elect to sell the policy.

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

The 2016 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, practices, sales closing dates and states indicated in the following table.