PRODUCT MANAGEMENT BULLETIN: PM–18-032
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
To:
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Subject:
- Background
-
The Risk Management Agency (RMA) has revised the Margin Protection Plan of Insurance for the 2019 crop year, as follows:
- Clarified that the base policy must be at an additional level of coverage;
- Clarified that the High-Risk Coverage Endorsement and Catastrophic Risk Protection Endorsement are allowed on the base policy, but those acres cannot be covered under MP;
- Modified the termination date for Corn, Soybeans, and Wheat;
- Clarified production reporting requirements when Margin Protection is purchased as a standalone policy versus with an underlying base policy; and
- Included minor corrections and clarifications.
- Action
-
The following materials will be available by close of business today on the Risk Management Agency Web site at www.rma.usda.gov/policies/mp/index.html.
Margin Protection Plan Provisions (19-MP)
Margin Price Provisions Section I: General Information (19-MPP)
Margin Price Provisions Section II Commodity Price Definitions and Section III Commodity Input Definitions: Crop-Specific
- Corn
- Rice
- Soybeans
- Wheat
Margin Protection Plan Insurance Standards Handbook
If you have any questions, please contact Michael Ciliege or Cody Lovercamp, Product Administration and Standards Division at (816) 926-7730.
DISPOSAL DATE: December 31, 2018