2021 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement

PRODUCT MANAGEMENT BULLETIN: PM-20-072

Date

October 15, 2020

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 10/15/2020

Subject:

2021 Crop Year (CY) Common Crop Insurance Policy Projected Prices And Volatility Factors Announcement

Common Crop Insurance Policy¹

The 2021 CYprojected pricesshown below are approved for the Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The 2021 CYvolatility factorsshown below are approved for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the crops, types, practices, sales closing date and states indicated in the following table.

Crop/Type/Practice Sales Closing Date/State	Exchange	Contract	Projected Price	Volatility Factor
Barley October 31 Sales Closing Date Arizona & California	CBOT	July Corn	$3.43/bushel	0.16
Barley Organic Practice October 31 Sales Closing Date Arizona & California	CBOT	July Corn	$7.33/bushel	0.16
Barley - Winter October 31 Sales Closing Date Nevada & Utah	CBOT	September Corn	$3.36/bushel	0.17
Barley - Winter Organic Practice October 31 Sales Closing Date Nevada & Utah	CBOT	September Corn	$7.18/bushel	0.17
Wheat - Winter October 31 Sales Closing Date Arizona & California	KCBT	July HRW Wheat	$5.27/bushel	0.19
Wheat - Winter Organic Practice October 31 Sales Closing Date Arizona & California	KCBT	July HRW Wheat	$10.90/bushel	0.19
Wheat - Durum October 31 Sales Closing Date Arizona & California	MGE	July HRS Wheat	$6.63/bushel	0.16
Wheat - Durum Organic Practice October 31 Sales Closing Date Arizona & California	MGE	July HRS Wheat	$13.71/bushel	0.16
1Projected Prices and Volatility Factors are applicable for the Supplemental Coverage Option (SCO).