PM-16-049: 2017 Crop Year (CY) Malting Barley Endorsement Projected Price Component and Volatility Factor and 2017 CY Margin Protection Plan Projected Prices and Volatility Factors
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.