PRODUCT MANAGEMENT BULLETIN: PM19-038




1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

July 01, 2019

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Richard Flournoy, Deputy Administrator /s/ Richard Flournoy    7/1/2019

Subject:

2019 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
Background

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2019 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices and types indicated in the following table.

 

Crop/Sales Closing Date/ States/Practice/Type  Exchange   Contract  Harvest Price 
Barley
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana,
Kansas(Winter Types), Kentucky, Maryland, Missouri, New Jersey,
New Mexico, North Carolina, Ohio, Oklahoma, South Carolina,
Tennessee, Texas & Virginia
 CBOT  July Corn  $3.45/bushel
Barley – Organic Practice
September 30 Sales Closing Date
Colorado (Winter Types), Delaware, Georgia, Illinois, Indiana,
Kansas (Winter Types), Kentucky, Maryland, Missouri, New Jersey,
New Mexico, North Carolina, Ohio, Oklahoma, South Carolina,
Tennessee, Texas & Virginia
 CBOT  July Corn  $7.38/bushel
Barley
September 30 Sales Closing Date
Kansas (Spring Types)
 CBOT  July Corn  $3.45/bushel
Barley – Organic Practice
September 30 Sales Closing Date
Kansas (Spring Types)
 CBOT  July Corn  $7.38/bushel
Barley
October 31 Sales Closing Date
Arizona & California
 CBOT  July Corn  $3.45/bushel
Barley – Organic Practice
October 31 Sales Closing Date
Arizona & California
 CBOT  July Corn  $7.38/bushel
Barley
March 15 Sales Closing Date
Kansas (Spring Types)
 CBOT  July Corn  $3.45/bushel
Barley – Organic Practice
March 15 Sales Closing Date
Kansas (Spring Types)
 CBOT  July Corn  $7.38/bushel

1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).

 

Crop/Sales Closing Date/ States/Practice/Type  Exchange   Contract  Harvest Price 
Canola
August 31 Sales Closing Date
Illinois, Indiana, Kansas, Kentucky, North Carolina,
Oklahoma, South Carolina, Tennessee, Texas
& Virginia
 ICE  July Canola  $0.155/pound
Canola – Rapeseed Type*
August 31 Sales Closing Date
Illinois, Indiana, Kentucky, North Carolina, Oklahoma,
South Carolina, Tennessee & Virginia
*Harvest Price is set equal to Projected Price.
 ICE  July Canola  $0.241/pound
Canola
September 30 Sales Closing Date
Alabama & Georgia
 ICE  July Canola  $0.155/pound
Canola – Rapeseed Type*
September 30 Sales Closing Date
Alabama & Georgia
*Harvest Price is set equal to Projected Price.
 ICE  July Canola  $0.244/pound
Sunflowers – Oil Type
January 31 Sales Closing Date
Texas
 CBOT  July
Soybean Oil
 $0.149/pound
Sunflowers – Organic Practice; Oil Type
January 31 Sales Closing Date
Texas
 CBOT  July
Soybean Oil
 $0.267/pound
Sunflowers – Confectionary Type
January 31 Sales Closing Date
Texas
 CBOT  July
Soybean Oil
 $0.207/pound
1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).

 

Crop/Sales Closing Date/ States/Practice/Type  Exchange   Contract  Harvest Price 
Wheat
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky,
Louisiana, Mississippi, North Carolina,
South Carolina & Tennessee
 CBOT  July
SRW Wheat
 $5.25/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Alabama, Arkansas, Florida, Georgia, Kentucky,
Louisiana, Mississippi, North Carolina,
South Carolina & Tennessee
 CBOT  July
SRW Wheat
 $11.79/bushel
Wheat
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types),
Oklahoma & Texas (Winter & Spring Types)
 KCBT  July
HRW Wheat
 $4.63/bushel
Wheat – Organic Practice
September 30 Sales Closing Date
Kansas, New Mexico (Winter & Spring Types),
Oklahoma & Texas (Winter & Spring Types)
 KCBT  July
HRW Wheat
 $10.39/bushel
Wheat
October 31 Sales Closing Date
Arizona & California
 KCBT  July
HRW Wheat
 $4.63/bushel
Wheat – Organic Practice
October 31 Sales Closing Date
Arizona & California
 KCBT  July
HRW Wheat
 $10.39/bushel
Wheat – Durum Type
September 30 Sales Closing Date
New Mexico
 MGE  July
HRS Wheat
 $6.58/bushel
Wheat – Organic Practice; Durum Type
September 30 Sales Closing Date
New Mexico
 MGE  July
HRS Wheat
 $14.78/bushel
Wheat – Durum Type
October 31 Sales Closing Date
Arizona & California
 MGE  July
HRS Wheat
 $6.58/bushel
Wheat – Organic Practice; Durum Type
October 31 Sales Closing Date
Arizona & California
 MGE  July
HRS Wheat
 $14.78/bushel

1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).

 

 

DISPOSAL DATE
December 31, 2019

 

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