Whole-Farm Revenue Protection

As of August 31, 2022 the following information is now available on the FTP site:

• 2022 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.
• 2023 Actuarial Data Master for the 6/30, 8/31 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 8/31 Filing Date.

Users can find this information in the following directories:

Background

The Agricultural Improvement Act of 2018 (Farm Bill) included provisions to improve the effectiveness of WFRP. Per the Farm Bill, the Risk Management Agency (RMA) has continued to solicit stakeholder recommendations. In response to stakeholder feedback from approved insurance providers, agent organizations, and producer groups, RMA recommended changes to WFRP to the Federal Crop Insurance Corporation (FCIC) Board of Directors (Board).

Common Crop Insurance Policy ¹

The 2023 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2023 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crop, types, and states indicated in the following table.

As of August 09, 2022 the following information is now available on the FTP site:

• 2023 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2023 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

Common Crop Insurance Policy & Area Risk Protection Insurance ¹

The 2022 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 with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices, and types indicated in the following table.

Background

Farmers and ranchers are facing widespread drought conditions along with other considerations in many parts of the nation, causing catastrophic damage to crops. Concerns have been expressed about the requirement to pay crop insurance premiums timely to avoid accrual of interest.

Dry Pea and Dry Bean Crop Provisions and Revenue Endorsement

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

Common Crop Insurance Policy & Area Risk Protection Insurance ^{1, 2, 3, 4}