On November 27, 2019, the Risk Management Agency issued a Coarse Grains: Corn, Grain Sorghum. and Soybeans Fact Sheet. In the fact sheet, RMA shows maps of sales closing dates and provides information for the crop insured, the dates for the insurance period, acreage reporting requirements, causes of loss, duties in the event of damage …
Crop Insurance News and Analysis – November 27, 2019 – Commodity Exchange Price Provisions for Rice
On November 27, 2019, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-19-069. In that bulletin, RMA announced that it was revising the Commodity Exchange Price Provisions (CEPP) for Rice for the 2020 and succeeding crop years. RMA states that the CEPP specifies how and when projected and harvested price components are determined. RMA …
Crop Insurance News and Analysis – November 26, 2019 – Sweet Potato Crop Provisions
On November 26, 2019, published a Product Management Bulletin: PM-19-0067 and a copy of the Sweet Potato Crop Provisions with changes effective for the 2020 crop year. RMA stated that the changes applicable for the 2020 crop year were the allowance of optional units, removal of the 4-year production requirement for insurance, an increase in …
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Crop Insurance News and Analysis – November 26, 2019 – Hybrid Seed Rice Crop Provisions
On November 26, 2019, the Risk Management Agency (RMA) published the Hybrid Seed Rice Crop Provisions with changes effective for the 2020 crop year and a Product Management Bulletin: PM-19-0068 RMA stated it is revising the Hybrid Seed Rice Crop Provisions to remove the definition of “adjusted yield” and clarify definitions for “amount of insurance …
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Crop Insurance News and Analysis – November 25, 2019 – Hybrid Sweet Corn Seed Crop Provisions
On November 25, 2019, the Risk Management Agency (RMA) published Hybrid Sweet Corn Seed Crop Provisions for the 2020 and succeeding crop years and a Product Management Bulletin: PM-19-0066. RMA states that it is clarifying the definitions of “hybrid sweet corn seed processor contract” and “amounts of insurance per acre.” ANALYSIS – The bulletin is …
Crop Insurance News and Analysis – November 25, 2019 – 2020 Stacked Income Protection Plan
On November 25, 2019, the Risk Management Agency (RMA) issued the new 2020 Stacked Income Protection Plan (STAX) policy and Managers Bulletin: MGR-19-028 regarding the changes to STAX for 2020. RMA states that the Agriculture Risk Protection (ARC) and Price Loss Coverage (PLC) programs administered by the Farm Service Agency allows for annual enrollment. RMA …
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Crop Insurance News and Analysis – November 22, 2019 – Rice Crop Provision
On November 22, 2019, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-19-063 regarding Rice Crop Provision changes effective for the 2010 crop year. RMA states it revised the Rice Crop Provisions through a Final Rule published in the Federal Register on November 22, 2019. The Final Rule makes change that allow for new …
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Crop Insurance News and Analysis – November 22, 2019 – FAD-291
On November 22, 2019, the Risk Management Agency (RMA) issued Final Agency Determination: FAD-291 providing an interpretation of section 15(e)(2) of the Common Crop Insurance Policy Basic Provisions (7 C.F.R. 457.8) (Basic Provisions) for the 2018 crop year. Section 15(e)(2) contains the consequences of planting a second crop on the same acreage for harvest in …
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