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Cotton

PM-16-011: 2016 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factor

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.

PM-16-008: 2016 Crop Year Commodity Exchange Price Provisions – Peanuts (CEPP) Factors – March 15, 2016 Sales Closing Date

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2016 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of February 1, 2016 to February 28, 2016. These factors apply only to States with a Sales Closing Date (SCD) of March 15, 2016.

PM-16-003: 2016 Crop Year (CY) Common Crop Insurance Policy Projected Prices and Volatility Factors

Common Crop Insurance Policy 1

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

PM-16-002: 2016 Crop Year Commodity Exchange Price Provisions – Peanuts (CEPP) Factors – February 28, 2016 Sales Closing Date

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2016 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of January 15, 2016 to February 14, 2016. These factors apply only to States with a Sales Closing Date (SCD) of February 28, 2016.

PM-15-061: 2016 Crop Year Commodity Exchange Price Provisions – Peanut Factors - January 31, 2016 Sales Closing Date

Background

The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2016 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of December 15, 2015 to January 14, 2016. These factors apply only to States with a Sales Closing Date (SCD) of January 31, 2016.

PM-15-058: 2015 Crop Year Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

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

The 2015 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-15-057: Commodity Exchange Price Provisions for the 2016 and Succeeding Crop Years – November Update

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, and 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:

Actuarial Release 15-047

As of November 27, 2015 the following information is now available on the FTP site:

  • 2015 Actuarial Data Master for the 4/30, 8/31 Filing Date, YTD, and Daily Files.
  • 2016 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31, 11/30 Filing Date, YTD, and Daily Files.
  • 2016 Special Provisions for the 11/30 Filing Date.

Users can find this information in the following directories:

IS-15-010: Flooding and Wet Harvest Conditions - South Carolina and Surrounding Area

Background

Recently, South Carolina and the surrounding area have experienced significant weather events including historic rains leading to unprecedented flooding across the state and region impacting crops and delaying harvest.  Reports indicate soybean, peanut, and cotton crops specifically suffered severe losses as a result of these weather events.  The flooding and wet harvest conditions have resulted in questions regarding procedures pertaining to claims settlement for affected crops.