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Price Announcement Info
 
United States Department of Agriculture • Risk Management Agency
6501 Beacon Drive, Kansas City, MO 64133-4676

December 1, 2005

INFORMATIONAL MEMORANDUM: R&D-05-055

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 & Indexed IP)), and (Revenue Assurance (RA)) Harvest Price Announcement

   

CROP REVENUE COVERAGE
The following 2005 CY harvest price has been approved for CRC Cotton in counties with a February 28 or March 15 cancellation date.

 
Crop Harvest Price
Cotton $0.50/lb
 

GROUP RISK INCOME PROTECTION
The following 2005 CY harvest price has been approved for GRIP Corn in counties with a March 15 cancellation date.

 
Crop Harvest Price
Corn $1.93/bu.
 

INCOME PROTECTION
The following 2005 CY harvest prices have been approved for IP and Indexed IP Corn in counties with a February 28 or March 15 sales closing date, and IP Cotton for all covered counties.

 
Crop Harvest Price
Corn $1.93/bu.
Cotton $0.50/.lb
 

REVENUE ASSURANCE
The following 2005 CY fall harvest prices have been approved for RA Corn and RA Cotton in all covered states.

 
Crop Harvest Price
Corn $1.93/bu.
Cotton $0.50/.lb
 
DISPOSAL DATE
This Informational Memorandum is for the purpose of transmitting information and the expiration date is December 31, 2005.