PRODUCT MANAGEMENT BULLETIN: PM–23-011
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
March 01, 2023
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 3/1/2023
Subject:
2023 Crop Year (CY) Additional Price Elections for Selected Dry Bean and Dry Pea Types with a March 15, 2023, Sales Closing Date (SCD) - CORRECTION
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Additional Price Elections:
RMA released PM-23-011 on February 28, 2023, with incorrect prices for Large Kabuli Chickpeas and Small Kabuli Chickpeas. This bulletin corrects those errors; the impacted rows are astericked (*) in the tables on the following pages.
In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing additional price elections for selected dry bean and dry pea types with a March 15, 2023, SCD.
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Dry Peas (Spring Types)
Colorado, Kansas, Minnesota, Nebraska, and Wyoming
Type and Organic Practice
(not all types may be available in all states)
Additional Price
Election
($ / pound)Established Price
Election
($ / pound)CAT Price
Election
($ / pound)Smooth Green/Yellow
$0.13 $0.09 $0.0715 Lentils
$0.28 $0.19 $0.1540 Small Kabuli Chickpeas*
$0.30*
$0.18* $0.1650* Small Kabuli Chickpeas organic*
$0.33* $0.33* $0.1815* Large Kabuli Chickpeas*
$0.34* $0.22* $0.1870* Desi Chickpeas
$0.25 $0.18 $0.1375 Desi Chickpeas organic
$0.50 $0.36 $0.2750 Dry Peas (Spring Types)
Alaska and OregonType and Organic Practice
(not all types may be available in all states)
Additional Price
Election
($ / pound)Established Price
Election
($ / pound)CAT Price
Election
($ / pound)Smooth Green/Yellow
$0.17 $0.10 $0.0935 Lentils
$0.40 $0.19 $0.2200 Lentils organic
$0.40 $0.32
$0.2200 Small Kabuli Chickpeas*
$0.29* $0.18* $0.1595* Small Kabuli Chickpeas organic*
$0.33* $0.33* $0.1815* Large Kabuli Chickpeas*
$0.40* $0.22* $0.2200* Dry Beans
Iowa, South Dakota, and WisconsinType and Organic Practice
(not all types may be available in all states)
Additional Price
Election
($ / pound)Established Price
Election
($ / pound)CAT Price
Election
($ / pound)Black
$0.39 $0.37 $0.2145 Black Organic
$0.78 $0.74 $0.4290 Great Northern
$0.35 $0.33 $0.1925 Great Northern Organic
$0.70 $0.66 $0.3850 Pink
$0.39 $0.38 $0.2145 Pink Organic
$0.78 $0.76 $0.4290
Pinto
$0.38 $0.35 $0.2090 Pinto Organic
$0.76 $0.70 $0.4180 Dry Beans
Rest of U.S.
Type and Organic Practice
(not all types may be available in all states)
Additional Price
Election
($ / pound)Established Price
Election
($ / pound)CAT Price
Election
($ / pound)Black
$0.40 $0.37 $0.2200 Black Organic
$0.80 $0.74 $0.4400 Great Northern
$0.41 $0.33 $0.2255 Great Northern Organic
$0.82 $0.66 $0.4510 Pea
$0.40 $0.39 $0.2200 Pea Organic
$0.80 $0.78 $0.4400 Pink
$0.42 $0.38 $0.2310 Pink Organic
$0.84 $0.76 $0.4620 Pinto
$0.40 $0.35 $0.2200 Pinto Organic
$0.80 $0.70 $0.4400 Small Red
$0.44 $0.40 $0.2420 Small Red Organic
$0.88 $0.80 $0.4840 Small White
$0.40 $0.39 $0.2200 Small White Organic
$0.80 $0.78 $0.4400
January 31, 2024