PRODUCT MANAGEMENT BULLETIN: PM24-040




1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

June 27, 2024

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy    6/27/2024

Subject:

Fresh Market Bean Crop Provisions Changes Effective for the 2025 and Succeeding Crop Years
Background

The Risk Management Agency (RMA) is issuing the following changes to the Fresh Market Bean crop insurance program.

For the 2025 and succeeding crop years:

  • In Florida, expand insurance coverage to two counties and add a “winter” type.
  • In North Carolina, allow producers to use their processing bean history to qualify for fresh market bean insurance coverage.
Action

The Fresh Market Bean Crop Provisions (25-0105) will be available by close of business today 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, 2025

USDA is an Equal Opportunity Employer and Provider