On August 21, 2020, the Risk Management Agency (RMA) issued an Informational Memorandum: AO-20-003 regarding the use of representative sample areas. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/OA-20-003. RMA states that it has received numerous reports that approved insurance providers (AIPs) are instructing insureds that RMA requires damaged production be harvested to be eligible for a crop insurance indemnity. RMA states …
Crop Insurance News and Analysis – August 13 and 19, 2020 – Frequently Asked Questions Related to Derecho
On August 13, 2020, the Risk Management Agency (RMA) issued Frequently Asked Questions (FAQs)related to the August 10 Derecho in the Midwest, which were updated on August 19, 2020. https://www.rma.usda.gov/News-Room/Frequently-Asked-Questions/August-10-2020-Derecho. In those FAQs, producers were advised: To promptly notify their crop insurance agent to file a notice of loss if they suspect damage or a …
Crop Insurance News and Analysis – August 19, 2020 – Improving Prevented Planting Coverage
On August 19, 2020, the Risk Management Agency (RMA) announced it will make several improvements to prevented planting coverage. https://www.rma.usda.gov/News-Room/Press/Press-Releases/2020-News/USDA-Works-with-Stakeholders-to-Improve-Prevented-Planting-Coverage. RMA states it will implement these changes for most spring crops with prevented planting coverage, starting in the 2021 crop year, and for all crops with prevented planting coverage, starting in the 2022 crop year. …
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Crop Insurance News and Analysis – August 17, 2020 – Haying, Grazing or Chopping Cover Crops Early
On August 17, 2020, the Risk Management Agency (RMA) announced that farmers who planted cover crops on prevented planted acres in select counties in North and South Dakota will be permitted to hay, graze or chop those fields beginning Sept. 1 rather than Nov. 1. https://www.rma.usda.gov/News-Room/Press/Press-Releases/2020-News/USDA-Allows-Some-Farmers-to-Hay-Graze-or-Chop-Cover-Crops-Early-This-Year. RMA stated that the change is being made because …
Crop Insurance News and Analysis – July 6, 2020 – Final Agency Determination: FAD-298
On July 6, 2020, the Risk Management Agency (RMA) published Final Agency Determination: FAD-298, interpreting the preamble and section 14(i) of the Common Crop Insurance Policy Basic Provisions (Basic Provisions). https://www.rma.usda.gov/Policy-and-Procedure/Final-Agency-Determinations/Preamble-14i-FAD-298. The requestor quoted the preamble and section 14(i) of the Basic Provisions relating the the use of loss adjustment procedures approved by RMA in …
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Crop Insurance News and Analysis – August 5, 2020 – COVID-19 Additional Deferral of Interest Charges
On August 5, 2020, the Risk Management Agency (RMA) published Managers Bulletin: MGR-20-021 and a National Press Release announcing that additional time is being provided to producers to pay premium and administrative fees without interest. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-021; https://www.rma.usda.gov/en/News-Room/Press/Press-Releases/2020-News/USDA-Extends-Deadlines-Defers-Interest-Accrual-Due-to-COVID-19. RMA states that interest starts to accrue on the first day of the month following the issuance of …
Crop Insurance News and Analysis – May 28, 2020 – Farm Service Agency (FSA) Acreage Reporting Date
On May 28, 2020, the Risk Management Agency (RMA) issued Managers Bulletin: MGR-20-015, regarding FSA’s decision to waive its late fees for producers filing their acreage reports late as long as they are filed within 30 days of the acreage report. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-015. RMA states that it has received questions regarding the effect this waiver would …
Crop Insurance News and Analysis – July 31, 2020 – Informational Memorandum: COM-20-003
On July 31, 2020, the Risk Management Agency (RMA) issued Informational Memorandum: COM-20-003, involving first crop and second crop issues under the Common Crop Insurance Policy Basic Provisions (Basic Provisions) and the Rainfall and Vegetation Index (RI/VI) Plan Common Policy. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/COM-20-003. RMA states that Compliance has identified instances of first crop and second crop potential abuse …
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