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Supplemental Coverage Option

MGR-19-003: Eligibility for the Crop Year 2019 Supplemental Coverage Option Regarding Elections for Agriculture Risk Coverage and Price Loss Coverage

Background

Producers have the option to elect either Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) for each Farm Number and crop at Farm Service Agency (FSA) Service Centers to receive benefits. The Agriculture Improvement Act of 2018 (2018 Farm Bill) allows producers to make an election in 2019, which covers the 2019 and 2020 crop years. FSA has not announced election dates currently.

Actuarial Release 18-043

As of December 11, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 8/31, 11/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

  • 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.

Additional notes and details regarding this data release:

Actuarial Release 18-041

As of November 27, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 6/30, 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

  • 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.
  • 2019 Special Provisions are in the Special_Provisions/2019 directory.

Additional notes and details regarding this data release:

PM-18-055: 2019 Crop Year Organic Rice Price Factor, Organic Cotton Price Premium, and Popcorn Factors

BACKGROUND:

Organic Rice Factor

The Risk Management Agency (RMA) offers distinct organic practice rice prices for many plans of insurance. The definitions and specifications for the rice organic practice prices are provided in the ‘Commodity Exchange Price Provisions (CEPP) Section II: Rice’ document. The following 2019 CY organic practice price factor will be applied to conventional practice rice prices, as determined in accordance with the CEPP, to derive the organic practice rice prices:

Actuarial Release 18-040

As of November 15, 2018 the following information is now available on the FTP site:

  • 2019 Actuarial Data Master for the 11/30, 12/31 Filing Date, YTD, and Daily Files.
  • 2019 Special Provisions for the 11/30, 12/31 Filing Date.

Users can find this information in the following directories:

  • 2019 Actuarial Data Master are in the References/Actuarial_Data_Master/2019 directory.
  • 2019 Special Provisions are in the Special_Provisions/2019 directory.

Additional notes and details regarding this data release:

Actuarial Release 18-033

As of September 19, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
  • 2019 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories:

MGR-18-006: Supplemental Coverage Option (SCO) Endorsement Changes - 2019 and Succeeding Crop Years

Background

Under the current SCO Endorsement, coverage automatically begins at 86 percent of the expected area yield or revenue and provides an insurance guarantee based on the gap between 86 percent and the coverage level of the underlying policy. Currently there is no mechanism to allow a producer to further customize the coverage. In order to give producers more flexibility, along with more opportunity to manage total premium cost, RMA is updating the SCO endorsement.

Actuarial Release 18-028

As of August 15, 2018 the following information is now available on the FTP site:

  • 2018 Actuarial Data Master for the 4/30, 6/30, 8/31, 11/30 Filing Date, YTD, and Daily Files.
  • 2019 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files.

Users can find this information in the following directories: