PRODUCT MANAGEMENT BULLETIN: PM–24-037
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 Federal Crop Insurance Corporation (FCIC) Board of Directors approved changes to the Camelina pilot crop insurance program on May 23, 2024. The USDA’s Risk Management Agency (RMA) is expanding coverage allowing camelina producers to better manage their risks.
The following expanded coverage options will take effect starting with the 2025 crop year and are contained in the Camelina actuarial documents:
- Allowing enterprise units;
- Increasing the maximum allowable coverage level from 65% to 85%, which may be selected in 5% increments; and
- Revising planting dates in the Southern Plains region to match planting dates for winter wheat.
- Action
-
The Camelina Insurance Standards Handbook (FCIC-24410) will be available by June 30 on the RMA website at www.rma.usda.gov.
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.
DISPOSAL DATE:
December 31, 2024