United States Department of Agriculture Farm Production and Conservation Risk Management Agency Beacon Facility Mail Stop 0801 P.O. Box 419205 Kansas City, MO 64141-6205 2, 2018 INFORMATIONAL MEMORANDUM: PM-18-053 TO: FROM: SUBJECT: All Approved Insurance Providers All Risk Management Agency Field Offices All Other Interested Parties Richard H. Flournoy /s/richard H. Flournoy Deputy Administrator 2018 Crop Year (CY) Common Crop Insurance Policy, Area Risk Protection Insurance and Margin Protection Harvest Prices Announcement The 2018 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection Harvest Price Exclusion. The harvest prices are applicable for the crops, types, practices, sales closing dates and states indicated in the following table. Sales Closing Date/State Exchange Contract Arizona, California & Nevada - Arizona, California & Nevada Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin Harvest Price $3.68/bushel $8.43/bushel $3.68/bushel USDA is an Equal Opportunity Provider, Employer, and Lender
2, 2 Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin High Amylose Illinois, Indiana, Iowa, Kansas, Missouri, Nebraska & South Dakota Alabama, Arizona, Arkansas, California, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina & Texas Alabama, Arizona, Arkansas, California, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina & Texas Missouri, Tennessee, Texas & Virginia Missouri, Tennessee, Texas & Virginia 2 Harvest Prices are applicable for Stacked Income Protection (STAX) cotton policies. $8.43/bushel $5.15/bushel $0.77/pound $1.17/pound $0.77/pound $1.17/pound
3 Grain Sorghum Arizona, California & North Carolina Grain Sorghum Arizona, California & North Carolina Grain Sorghum Colorado, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Missouri, Nebraska, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Virginia & Wisconsin Grain Sorghum Colorado, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Missouri, Nebraska, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Virginia & Wisconsin Peanuts Runner Type January 31 Sales Closing Date Texas Peanuts Spanish Type January 31 Sales Closing Date Texas Peanuts Runner Type Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina & Texas / / / Wheat,, Wheat,, Wheat,, $3.56/bushel $7.67/bushel $3.56/bushel $7.67/bushel $0.1982/pound $0.2597/pound $0.1941/pound
4 Peanuts Spanish Type / Wheat,, Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi & Texas $0.2543/pound Peanuts Virginia Type Alabama, Florida, Georgia, Mississippi, North Carolina & South Carolina Peanuts Runner Type New Mexico, Oklahoma, Texas & Virginia Peanuts Spanish Type New Mexico, Oklahoma & Texas Peanuts Valencia Type New Mexico, Oklahoma & Texas Peanuts Virginia Type New Mexico, Oklahoma, Texas & Virginia Popcorn Colorado, Illinois, Indiana, Iowa, Kentucky, Minnesota, Missouri, Nebraska, Ohio, South Dakota, Tennessee & Wisconsin Popcorn Colorado, Illinois, Indiana, Iowa, Kentucky, Minnesota, Missouri, Nebraska, Ohio, South Dakota, Tennessee & Wisconsin / / / / / Wheat,, Wheat,, Wheat,, Wheat,, Wheat,, $0.2194/pound $0.2017/pound $0.2643/pound $0.2239/pound $0.2239/pound $0.1582/pound $0.2278/pound
5 Long Grain Type & No Type Specified California, Illinois, Missouri, Oklahoma & Tennessee Long Grain Type & No Type Specified; California, Illinois, Missouri, Oklahoma & Tennessee Medium & Short Grain Types Illinois, Missouri, Oklahoma & Tennessee Medium & Short Grain Types; Illinois, Missouri, Oklahoma & Tennessee Medium & Short Grain Types California Medium & Short Grain Types; California Arkansas, Louisiana, Mississippi & Texas Arkansas, Louisiana, Mississippi & Texas Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, New Jersey, New York, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Vermont, Washington & Wisconsin $0.107/pound $0.143/pound $0.118/pound $0.157/pound $0.155/pound $0.208/pound $8.60/bushel $17.35/bushel $8.60/bushel
6 Continued Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, New Jersey, New York, North Dakota, Ohio, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Vermont, Washington & Wisconsin Sunflowers Oil Type Colorado, Kansas, Minnesota, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, Texas Sunflowers Oil Type; Colorado, Kansas, Minnesota, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, Texas Sunflowers Confectionary Type Colorado, Kansas, Minnesota, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, Texas Soybean Oil Soybean Oil Soybean Oil $17.35/bushel $0.155/pound $0.277/pound $0.217/pound
7 Continued Margin Protection The following 2018 CY margin harvest prices are approved for the Margin Protection plan of insurance. Margin harvest prices are used in conjunction with harvest input prices and final county yields to derive the harvest margin. Please see the following web page on RMA s public website for program details: www.rma.usda.gov/rma-insurance/general-policies/margin-protection-for--- -and-wheat Crop/State/Type Exchange Contract September 30 Sales Closing Date All States - Long Grain Type & No Type Specified California & Missouri - Medium & Short Grain Types California - Medium & Short Grain Types Missouri September 30 Sales Closing Date All States Margin Harvest Price $3.68/bushel $0.107/pound $0.155/pound $0.118/pound $8.60/bushel DISPOSAL DATE 31, 2018