PRODUCT MANAGEMENT BULLETIN: PM–21-046
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) is implementing changes to the Pistachio Crop Provisions variability adjustment factor (VAF).
The following changes are applicable for the 2022 and succeeding crop years:
- Revise the calculation for VAF to utilize the policyholder’s actual yields; and
- Establish VAF minimums and maximums to be used when the calculated VAF is outside an established range.
- Action
-
The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:
- Pistachio Crop Provisions (22-0470)
- Pistachio Program Insurance Standards Handbook (FCIC-24320)
Approved Insurance Providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.
Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at www.rma.usda.gov/Information-Tools/Agent-Locator-Page.
DISPOSAL DATE:
December 31,2021