http://northarvestbean.org/wp-content/uploads/northarvest-bean-logo.png 0 0 Red River Farm Network http://northarvestbean.org/wp-content/uploads/northarvest-bean-logo.png Red River Farm Network2021-03-03 21:55:232021-03-05 21:56:56Dry Bean Projected Prices Released for 2021 CY
USDA’s Risk Management Agency (RMA) has approved the 2021 Crop Year (CY) projected prices for Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops and types. Projected Prices and Volatility Factors apply to Supplemental Coverage Option (SCO) and Enhanced Coverage Option (ECO).
RMA is also providing additional projected prices for selected dry bean types where the Dry Bean Revenue Endorsement (DBRE) and Dry Pea Revenue Endorsement (DPRE) do not offer coverage for price movement. Per the Special Provisions, the additional projected price shall be the basis for the premium determination and settlement of claims.