Clarification of Stacked Income Protection Plan (STAX) Insurable Acres
RMA has clarified the insurability of seed cotton base acres under STAX when the same acreage has been enrolled in ARC or PLC.
RMA has clarified the insurability of seed cotton base acres under STAX when the same acreage has been enrolled in ARC or PLC.
RMA response on if HIP-WI, SCO, ECO, STAX, and MP can be used to meet linkage requirements under the WHIP and WHIP+ programs administered by FSA.
RMA is providing additional price elections for selected APH, SCO, and ECO dry bean and dry pea types with a March 15, 2021 SCD.
RMA is providing additional price elections for sugar beets and oats in states with a March 15, 2021 Sales Closing Date (SCD).
The Bureau of Reclamation announced the initial 2021 water supply allocation for Central Valley Project contractors. This year’s low allocation is a result of the dry winter California is experiencing after the dry water year of 2020.
Due to ongoing dry conditions including record low snow water content and reservoir levels as well as the recently announced water allocations from the U.S. Bureau of Reclamation, there is a known cause of loss due to drought/failure of the irrigation supply effective February 23, 2021 for insureds that receive water from the Central Valley Project and the State Water Project.
RMA has released 2021 CY projected prices and volatility factors for policies with a February 28, 2021 sales closing date.
RMA is providing additional price elections for APH, SCO and ECO dry bean types listed below with a February 28, 2021 SCD.
One of the joys of the holiday season is the opportunity for us to say thank you! Particularly during such a weird and crazy year, it has been a pleasure working with you all and we thank you for placing your business and your trust with Global Ag.
Recognizing continued challenges due to COVID-19, RMA has issued new actions that supplement the earlier relief authorized by Manager’s Bulletins: MGR 20-005, MGR 20-008, MGR 20-009, MGR 20-010, MGR 20-013, and MGR 20-026.
RMA received a request for Final Agency Determination (FAD) regarding the interpretation of section 15(h)(7) of the Basic Provisions which covers Production Included in Determining an Indemnity and Payment Reductions.
FCIC has revised the Area Risk Protection Insurance (ARPI) Basic Provisions, Common Crop Insurance Policy (CCIP) Basic Provisions, Sunflower Seed Crop Provisions, and Dry Pea Crop Provisions for the 2021 and succeeding crop years.
FCIC has approved modifications to the Hemp APH Insurance Program applicable for the 2021 and succeeding crop years.
2020 CY harvest prices have been approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection – Harvest Price Exclusion.
FCIC has approved the implementation of the Enhanced Coverage Option (ECO), available for the 2021 crop year for select crops with a contract change date of November 30, 2020 or later.