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Price Announcement Info
 
United States Department of Agriculture • Risk Management Agency
1400 Independence Avenue SW, Stop 0801, Washington, DC 20250-0801

November 2, 2005

INFORMATIONAL MEMORANDUM: R&D-05-048

TO: All Reinsured Companies
All Risk Management Agency Field Offices
All Other Interested Parties

FROM: Tim B. Witt /s/ Tim B. Witt
Deputy Administrator

SUBJECT: Addendum to 2005 Crop Year (CY) Actuarial Document (Special Provisions) - Crop Revenue Coverage (CRC), Group Risk Income Protection (GRIP), Income Protection (IP and Indexed IP), and Revenue Assurance (RA) Harvest Price Announcements

 
   

CROP REVENUE COVERAGE
The following 2005 CY harvest prices have been approved for CRC Corn, Grain Sorghum, and Soybeans in counties with a March 15 cancellation date.

 
Crop Harvest Price
Corn $2.02/bu.
Grain Sorghum $1.87/bu.
Soybeans $5.75/bu.
 

GROUP RISK INCOME PROTECTION
The following 2005 CY harvest prices have been approved for GRIP Grain Sorghum and Soybeans in counties with a March 15 cancellation date.

 
Crop Harvest Price
Grain Sorghum $1.87/bu.
Soybeans $5.75/bu.
 

INCOME PROTECTION
The following 2005 CY harvest price has been approved for IP and Indexed IP Soybeans in counties with a February 28 or March 15 sales closing date.

 
Crop Harvest Price
Soybeans $5.75/bu.
 

REVENUE ASSURANCE
The following 2005 CY fall harvest price has been approved for RA Rice and Soybeans in all covered counties.

 
Crop Fall Harvest Price
Rice $0.073/bu.
Soybeans $5.75/bu.
 
DISPOSAL DATE
This Informational Memorandum is for the purpose of transmitting information and the expiration date is December 31, 2005.