06/28/2024 | Press release | Distributed by Public on 06/28/2024 14:05
Date
June 28, 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 6/28/2024
Subject:
Margin Protection Changes Effective for the 2025 and Succeeding Crop Years
Background
The Risk Management Agency (RMA) is revising the Margin Protection (MP) Provisions to clarify how first, and second crop rules apply to MP. Terminology in the Provisions are also being updated to be consistent with other area plans.
Action
The following documents will be available by close of business today on the Risk Management Agency (RMA) website atwww.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 atwww.rma.usda.gov/Information-Tools/Agent-Locator.
DISPOSAL DATE:
December 31, 2025