By // by Kim Arrigo
On September 4, 2019, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-19-050 announcing the harvest prices for certain crops and states. ANALYSIS – For barley with a September 30 sales closing date in California (Winter & Spring Types), Colorado (Spring Types), Idaho (Winter & Spring Types), Oregon (Winter & Spring Types) and Washington …
Crop Insurance News and Analysis – September 4, 2019Read More
By // by Kim Arrigo
On August 30, 2019, the Risk Management Agency (RMA) issued a Press Release announcing changes to the Whole-Farm Revenue Protection (WFRP) policy. One of the major changes allows producers who have both Noninsured Crop Disaster Assistance Program (NAP) and WFRP on the same crop to receive both payments. RMA determined that NAP payments would not …
By // by Kim Arrigo
On August 15, 2019, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-023. In that Bulletin, RMA offered emergency flood relief in the form of deferred interest on premiums on the basis that producers have not yet received indemnity payments for the severe flooding and excess moisture. For the 2019 crop year only, RMA deferred …
By // by Kim Arrigo
On July 16, 2019, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-021, which provides guidance to approved insurance providers (AIPs) to conduct Agriculture Risk Protection Act (ARPA) list review standards. RMA states that it annually develops a list of crop insurance agents and loss adjusters with anomalous claims experience relative to their peers in …
By // by Kim Arrigo
On July 19, 2019, the Risk Management Agency (RMA) issued a Managers Bulletin MGR-19-020, which provides additional time for acreage reporting in Louisiana due to Tropical Storm Barry. RMA states that due to previous flooding and excess moisture this spring and oncoming Tropical Storm Barry have increased the likelihood that producers will be dealing with …
Crop Insurance News and Analysis – July 12, 2019 – Additional Time for Acreage ReportsRead More
By // by Kim Arrigo
On July 10, 2019, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-019 and a Press Release, which provides additional time for acreage reporting for areas impacted by flooding and excessive precipitation. RMA states that due to these severe conditions, it had received requests to allow additional time to submit acreage reports for spring seeded …
By // by Kim Arrigo
On July 8, the Risk Management Agency (RMA) issued Managers Bulletin MGR-19-018 regarding an emergency process for 2019 crop year processing tomato contract price. According to RMA, market conditions have delayed negotiations between processors and producers. Losses cannot be paid because the policy requires producers to have a processor contract that contains the final contract …
By // by Kim Arrigo
On July 1, 2019, the Risk Management Agency issued a news release entitled “Multi-Peril Crop Insurance Change Impact Insurability of Summer Fallow Wheat for the 2020 Crop Year.” In that news release, RMA stated that the fire emergency identified the need to develop an exception for the summer fallow practice when conservation requirements make it …
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