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Corn

PM-19-005: 2019 Crop Year (CY) Common Crop Insurance Policy and Margin Protection Projected Prices and Volatility Factors

Common Crop Insurance Policy1

The 2019 CY projected prices shown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2019 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance.

MGR-18-017: Multi County Enterprise Unit (MCEU) – 2019 and Succeeding Crop Years

Background

As announced today, Risk Management Agency (RMA) has developed the Multi-County Enterprise Unit (MCEU) Endorsement in response to requests to incorporate small amounts of acreage from one county into an enterprise unit for a contiguous county. The MCEU Endorsement attaches to eligible Common Crop Insurance Policy, Basic Provisions, and Crop Provisions for the insured crop and allows a producer to combine acreage of an insured crop, by irrigation practice, if applicable, in two contiguous counties in the same state into one enterprise unit (EU).

PM-18-060: 2018 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

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

The 2018 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.

PM-18-056: White and Waxy Specialty Corn for 2019 and Succeeding Crop Years

Background

White and Waxy Specialty Corn is a privately developed product that was approved under section 508(h) of the Federal Crop Insurance Act by the Federal Crop Insurance Corporation Board of Directors on August 15, 2018.

White and Waxy Specialty Corn insurance allows policyholders to insure their specialty type corn at a more favorable contract price if grown under contract in specific counties. This program is available for both Yield Protection and Revenue Protection plans of insurance.

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:

MGR-18-015: High-Risk Alternative Coverage Endorsement Modifications – 2019 and Succeeding Crop Years

Background

The High-Risk Alternative Coverage Endorsement (HR-ACE) allows policyholders to insure high-risk acres at a coverage level that is lower than the coverage level on their non-high-risk acres (as an optional endorsement to a Federally reinsured corn, soybean, wheat, or grain sorghum crop provisions).

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:

PM-18-053: 2018 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Harvest Prices Announcement

Common Crop Insurance Policy, Area Risk Protection Insurance, and Margin Protection

The 2018 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.

PM-18-049: 2018 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Plan Harvest Prices Announcement

Common Crop Insurance Policy and Area Risk Protection Insurance1

The 2018 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.