Soybeans

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

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

Common Crop Insurance Policy and Area Risk Protection Insurance ¹

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

Malting Barley Endorsement

The Malting Barley Endorsement (MBE) utilizes a Chicago Board of Trade (CBOT) soft red wheat price component to derive the 2017 CY projected price for any insured whose malt barley contract provides for a premium amount above or below a base price to be determined, and whose base price is not determined by the acreage reporting date. Please see the MBE for details: www.rma.usda.gov/policy-procedure/crop-policies/malting-barley-endorsement-17-0091b.

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, 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:

Background

The Federal Crop Insurance Corporation Board of Directors (FCIC Board) approved the High-Risk Alternative Coverage Endorsement (HR-ACE) on March 1, 2012. The HRACE is a privately-developed product that was submitted to the FCIC Board under Section 508(h) of the Federal Crop Insurance Act. The only unit structures initially available for HR-ACE were basic and optional units. On February 5, 2015, the Board approved enterprise units beginning with the 2017 crop year.

Background

The Federal Crop Insurance Corporation Board of Directors (FCIC Board) approved the Margin Protection (MP) Plan of Insurance for corn, wheat, rice and soybeans on June 24, 2014, a privately developed product submitted under section 508(h) of the Federal Crop Insurance Act. For the 2017 crop year, minor changes and technical corrections have been made to the Margin Protection (MP) plan of Insurance.

As of April 19, 2016 the following information is now available on the FTP site:

• 2015 Actuarial Data Master for the 6/30, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

• 2015 Actuarial Data Master are in the References/Actuarial_Data_Master/2015 directory.

Additional notes and details regarding this data release:

In accordance with Section 3 of the ARPI Crop Provisions and Section 10 of the SCO Crop Provisions, approved final county yields and final county revenues for 2015 crop year will be available by close of business today in the following formats:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2016 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 - Harvest Price Exclusion.

Common Crop Insurance Policy & Area Risk Protection Insurance¹

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