PRODUCT MANAGEMENT BULLETIN: PM–24-010
United States Department of Agriculture
Farm and Foreign Agricultural Services
Risk Management Agency
1400 Independence Avenue, SW
Stop 0801
Washington, DC 20250-0801
Date
February 06, 2024
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:
John W. Underwood for Deputy Administrator /s/ John W. Underwood 2/6/2024
Subject:
2024 Crop Year (CY) Additional Price for Tobacco
-
Additional Price Election:
In accordance with section 3(e)(1) of the Basic Provisions, the Risk Management Agency is providing an additional price (a new Maximum Over Established Price) for contracted flue-cured tobacco covered by the Tobacco Policy.
2024 CY Tobacco Additional Price ($/pound)
Practice
Type New Maximum Over Established Price Initial Maximum Over Established Price
All
Types 11-14 (Flue-Cured) Contracted
$2.25
$2.15
December 31, 2024