PRODUCT MANAGEMENT BULLETIN: PM24-048




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

Date

August 09, 2024

To:

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

From:

John W. Underwood for Deputy Administrator /s/ John W. Underwood    8/9/2024

Subject:

2024 Crop Year Rainfall Index April – May Index Interval Final Grid Indices for Annual Forage (Growing Seasons 3, 4, 5, 6, 7, and 8), Apiculture, and Pasture, Rangeland, Forage; 2024 Crop Year Rainfall Index November – May Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage
Background

In accordance with Section 8 of the Rainfall and Vegetation Index Plan Common Policy Basic Provisions, final grid indices and payment calculation factors have been determined and approved for the following:

  • 2024 Crop Year Rainfall Index April – May Index Interval Final Grid Indices for Annual Forage (Growing Seasons 3, 4, 5, 6, 7, and 8), Apiculture, and Pasture, Rangeland, Forage
  • 2024 Crop Year Rainfall Index November – May Catastrophic (CAT) Index Interval Final Grid Indices for Annual Forage
Action

By close of business today, final grid indices and payment calculation factors will be available in the Actuarial Information Browser (AIB) and Actuarial Data Master (ADM) in the following formats:

In accordance with section 8(d), any payments owed shall be issued no later than 60 days from the date of this notice.

DISPOSAL DATE:
December 31, 2024

USDA is an Equal Opportunity Employer and Provider