PRODUCT MANAGEMENT BULLETIN: PM–19-056
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
October 15, 2019
To:
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From:
Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy 10/15/2019
Subject:
2020 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement
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Common Crop Insurance Policy 1
The 2020 CY projected prices shown below are approved for the Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2020 CY volatility factors shown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crops, types, practices, sales closing date, and states indicated in the following table.
Crop/Type/Practice
Sales Closing Date/StateExchange Contract Projected Price Volatility Factor Barley
October 31 Sales Closing Date
Arizona & CaliforniaCBOT July
Corn$3.30/bushel 0.14 Barley
Organic Practice
October 31 Sales Closing Date
Arizona & CaliforniaCBOT July
Corn$7.05/bushel 0.14 Barley – Winter
October 31 Sales Closing Date
Nevada & UtahCBOT September
Corn$3.28/bushel 0.16 Barley – Winter
Organic Practice
October 31 Sales Closing Date
Nevada & UtahCBOT September
Corn$7.02/bushel 0.16 Wheat – Winter
October 31 Sales Closing Date
Arizona & CaliforniaKCBT July
HRW
Wheat$4.42/bushel 0.17 Wheat – Winter
Organic Practice
October 31 Sales Closing Date
Arizona & CaliforniaKCBT July
HRW
Wheat$9.69/bushel 0.17 Wheat – Durum
October 31 Sales Closing Date
Arizona & CaliforniaMGE July
HRS
Wheat$6.59/bushel 0.16 Wheat – Durum
Organic Practice
October 31 Sales Closing Date
Arizona & CaliforniaMGE July
HRS
Wheat$14.45/bushel 0.16 DISPOSAL DATE
December 31, 2020