On May 21, 2020, the Risk Management Agency (RMA) issued Informational Memorandum: COM-20-002, which provided an update to MGR-10-021 regarding agents and loss adjusters identified with disparate performance in accordance with section 515(f) of the Federal Crop Insurance Act (FCIA). https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/COM-20-002. RMA states that MGR-19-021 provides clear expectations of what actions approved insurance providers (AIPs) …
Crop Insurance News and Analysis – May 4, 2020 – COVID-19 Relief for Organic Plans and Certificates Due at Acreage Reporting
On May 4, 2020, the Risk Management Agency (RMA) issued Managers Bulletin MGR-20-013 and a National Press Release regarding the challenges facing producers during the pandemic, in this case producers with certified organic acreage or acreage in transition to organic who must file written certifications or documentation from a certifying agent by the acreage reporting …
Crop Insurance News and Analysis – May 1, 2020 – Forage Seeding and Forage Production Crop Insurance Provisions
On May 1, 2020, the Risk Management Agency (RMA) published on its website a number of documents relating to its Final Rule with request for comments for the Forage Seeding and Forage Production Crop Insurance Provisions for the 2021 crop year. The documents include a National Press Release, Product Management Bulletin: PM-20-029, and the Forage …
Crop Insurance News and Analysis – May 1, 2020 – 2021 Crop Year County Crop Program Expansion
On May 1, 2020, the Risk Management Agency (RMA) issued Managers Bulletin: MGR-20-012, announcing the expansion of the number of counties where forage seeding is insurable for the 2021 crop year having an April 30 contract change date. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-012 RMA provided a list of the state and counties eligible for Forage Seeding in the 2021 …
Crop Insurance News and Analysis – April 23, 2020 – Wildfire Hurricane Indemnity Program and Wildfire Hurricane Indemnity Program+ Linkage Requirements
On April 23, 2020, the Risk Management Agency (RMA) issued Informational Memorandum: AO-20-001 regarding the Wildfire Hurricane Indemnity Program and Wildfire Hurricane Indemnity Program+ Linkage Requirements. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/OA-20-001. RMA stated that it received questions about the Wildfire Hurricane Indemnity Program and Wildfire Hurricane Indemnity Program+ administered by the Farm Service Agency (FSA). RMA states it was …
Crop Insurance News and Analysis – April 23, 2020 – Relief for Initial Year of Hurricane Insurance Protection-Wind Index Endorsement
On April 23, 2020, the Risk Management Agency (RMA) issued Managers Bulletin: MGR-20-011 regarding the Hurricane Insurance Protection-Wind Index Endorsement (Endorsement). https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-011. RMA states that the Hurricane Insurance Protection-Wind Index Endorsement prevents producers from increasing acreage in anticipation of a hurricane when the loss is triggered before the acreage reporting date plus 14 days. In …
Crop Insurance News and Analysis – April 20, 2020 – Updated FAD-294
On April 20, 2020, the Risk Management Agency (RMA) issued an Updated Final Agency Determination: FAD-294 relating to section 10(c) of the 2017 Coarse Grains Crop Provisions. https://www.rma.usda.gov/Policy-and-Procedure/Final-Agency-Determinations/Coarse-Grains-Crop-Provisions-FAD-294. The requestor interpreted section 10(c) of the Coarse Grains Crop Provisions to mean that the producer must decide the method of harvest at the time of harvest, …
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Crop Insurance News and Analysis – April 17, 2020 – Expedited Release of Livestock Gross Margin Actual Ending Values
On April 17, 202, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-20-027 regarding the expedited release of the actual ending values for swine and dairy under the Livestock Gross Margin (LGM). https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/PM-20-027. RMA states that the LGM actual gross margins are posted by the RMA by the end of the first full business …