PRODUCT MANAGEMENT BULLETIN: PM–20-053
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
August 03, 2020
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 Flournoy 8/3/2020
Subject:
2020 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement
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Common Crop Insurance Policy & Area Risk Protection Insurance 1
The 2020 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.
DISPOSAL DATECrop/Sales
Closing Date State/Practice/TypeExchange Contract Harvest Price Barley
September 30 Sales Closing Date
New York (Winter & Spring Types),
Pennsylvania (Winter & Spring Types)
& West Virginia
CBOT September
Corn
$2.70/bushel
Barley – Organic Practice
September 30 Sales Closing Date
New York (Winter & Spring Types),
Pennsylvania (Winter & Spring Types)
& West Virginia
CBOT September
Corn
$5.78/bushel Barley
March 15 Sales Closing Date
Iowa, Nebraska,
New York (Spring Type)
& Pennsylvania (Spring Type)
CBOT September
Corn$2.70/bushel Barley – Organic Practice
March 15 Sales Closing Date
Iowa, Nebraska, New York (Spring Type)
& Pennsylvania (Spring Type)
CBOT September
Corn$5.78/bushel Wheat
September 30 Sales Closing Date
Delaware, Illinois, Indiana, Iowa (Winter Type), Maryland, Michigan, Missouri, New Jersey,
New York, Ohio, Pennsylvania, Virginia
& West Virginia
CBOT
September
SRW
Wheat$5.24/bushel Wheat – Organic Practice
September 30 Sales Closing Date
Delaware, Illinois, Indiana, Iowa (Winter Type), Maryland, Michigan, Missouri, New Jersey,
New York, Ohio, Pennsylvania, Virginia
& West Virginia
CBOT September
SRW
Wheat$11.49/bushel Wheat
September 30 Sales Closing Date
Colorado (Winter Type), Nebraska (Winter Type) & South Dakota (Winter Type)
KCBT September
HRW
Wheat$4.45/bushel Wheat – Organic Practice
September 30 Sales Closing Date
Colorado (Winter Type), Nebraska (Winter Type)
& South Dakota (Winter Type)
KCBT September
HRW
Wheat$9.75/bushel 1 Harvest Prices are applicable for the Supplemental Coverage Option (SCO).
December 31, 2020