On July 20, 2020, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-20-049, announcing that the Federal Crop Insurance Corporation Board of Directors approved the Production and Revenue History (PRH) Pilot Crop Insurance Program for strawberries and published the PRH Pilot Plan of Insurance General Provisions and the Strawberry Crop Insurance Program effective for …
Crop Insurance News and Analysis – July 20, 2020 -Livestock Gross Margin for Dairy, Cattle and Swine
On July 20, 2020, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-20-048, regarding the Livestock Gross Margin (LGM) Plan of Insurance for Dairy, Cattle, and Swine and the policies for LGM Dairy, Cattle and Swine. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/PM-20-048; https://www.rma.usda.gov/-/media/RMAweb/Policies/Livestock-Gross-Margin-Cattle/2021/LGM-Cattle-Policy.ashx; https://www.rma.usda.gov/-/media/RMAweb/Policies/Livestock-Gross-Margin-Dairy/2021/LGM-Dairy-Policy.ashx; https://www.rma.usda.gov/-/media/RMAweb/Policies/Livestock-Gross-Margin-Swine/2021/LGM-Swine-Policy.ashx. In PM-20-048, RMA states the Federal Crop Insurance Corporation Board of Directors (Board) approved …
Crop Insurance News and Analysis – July 9, 2020 – COVID-19 FSA Acreage Reporting Date
On July 9, 2020, the Risk Management Agency (RMA) issued MGR-20-020, providing additional relief to approved insurance providers (AIPs) and producers as a result of COVID-19. https://www.rma.usda.gov/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-020. RMA states that it issued Managers Bulletin MGR-20-015 on May 28, 2020, to authorize additional crop insurance relief following Farm Service Agency (FSA) Notice CP-757, which waived late …
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Crop Insurance News and Analysis – July 6, 2020 – 2021 Crop Year Fall Program Expansions
On July 6, 2020, the Risk Management Agency (RMA) issued Managers Bulletin: MGR-20-019, which announces the expansion of the number of counties where certain crops are insurable for the 2021 crop year having a June 30, 2020 contract change date. https://www.rma.usda.gov/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-019. RMA announced that alfalfa seed was expanded into Jerome County, Idaho; dry peas was …
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Crop Insurance News and Analysis – June 30, 2020 – Grass Seed Program
On June 30, 2020, the Risk Management Agency (RMA) issued Managers Bulletin: MGR-20-018, announcing that the Federal Crop Insurance Corporation Board of Directors (Board) granted approval for the conversion of the Grass Seed Insurance Program from pilot to permanent status based on the favorable pilot program experience and published the Grass Seed Insurance Policy. https://www.rma.usda.gov/Policy-and-Procedure/Bulletins-and-Memos/2020/MGR-20-018; …
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Crop Insurance News and Analysis – June 29, 2020 – Multi-County Enterprise Unit Changes
On June 29, 2020, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-20-044, announcing changes to the Multi-County Enterprise Unit Pilot Endorsement (Endorsement) and issued the Endorsement as revised. https://www.rma.usda.gov/Policy-and-Procedure/Bulletins-and-Memos/2020/PM-20-044; https://www.rma.usda.gov/-/media/RMAweb/Policies/Multi-County-Enterprise-Unit/2021/Multi-County-Enterprise-Unit-Pilot-Endorsement.ashx. RMA stated that the changes will provide greater flexibility for policyholders that elect enterprise units for both irrigated and non-irrigated practices and discover …
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Crop Insurance News and Analysis – June 29, 2020 – Area Risk Protection Insurance
On June 29, 2020, the Risk Management Agency (RMA) published Product Management Bulletin: PM-20-045 announcing changes to the Area Risk Protection Insurance Policy (ARPI), Common Crop Insurance Policy Basic Provisions (Basic Provisions), and the Coarse Grains Crop Provision effective for the 2021 and succeeding crop years with a contract change date of June 30, 2020, …
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Crop Insurance News and Analysis – June 26, 2020 – Dry Pea Crop Provisions
On June 26, 2020, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-20-041 announcing the changes made to the Dry Pea Crop Provisions for the 2021 and succeeding crop years and the Dry Pea Crop Provisions. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2020/PM-20-041; https://www.rma.usda.gov/-/media/RMAweb/Policies/Dry-Pea/2021/Dry-Pea-Crop-Provisions-21-0067.ashx. In PM-20-041, RMA states it made the following changes: 1) allow insurance on Fava/Faba beans; 2) …
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