All Approved Insurance Providers All Risk Management Agency Field Offices All Other Interested Parties

United States Department of Agriculture Farm Production and Conservation Risk Management Agency Beacon Facility Mail Stop 080 P.O. Box 49205 Kansas City, MO 644-6205 9, 208 INFORMATIONAL MEMORANDUM: PM-8-047 TO: FROM: SUBJECT: All Approved Insurance Providers All Risk Management Agency Field Offices All Other Interested Parties Richard Flournoy /s/richard Flournoy Deputy Administrator 208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin Common Crop Insurance Policy The 208 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection and Revenue Protection with Harvest Exclusion. The harvest prices are applicable for the crop, sales closing date, states and practices indicated in the following table. State/Practice Exchange Contract Harvest February 28 Sales Closing Date Arkansas & Mississippi - Organic Practice February 28 Sales Closing Date Arkansas & Mississippi December December Harvest s are applicable for the Supplemental Coverage Option (SCO). $3.65/bushel $8.36/bushel USDA is an Equal Opportunity Provider, Employer, and Lender

208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin 2 Common Crop Insurance Policy & Area Risk Protection Insurance The 209 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Exclusion and Area Revenue Protection - Harvest Exclusion. The 209 CY volatility factors shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Exclusion and Area Revenue Protection - Harvest Exclusion. The projected prices and volatility factors are applicable for the crops, sales closing dates, states, types and practices indicated in the following table. Barley Colorado (Winter types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter type), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia Barley Organic Practice Colorado (Winter types), Delaware, Georgia, Illinois, Indiana, Kansas (Winter type), Kentucky, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas & Virginia s are applicable for the Supplemental Coverage Option (SCO). $3.0/bushel 0.5 $6.6/bushel 0.5

208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin 3 Common Crop Insurance Policy & Area Risk Protection Insurance Barley New York (Winter type), Pennsylvania (Winter type) & West Virginia Barley Organic Practice New York (Winter type), Pennsylvania (Winter type) & West Virginia Barley California (Winter types), Idaho (Winter types), Oregon (Winter types) & Washington (Winter types) Barley Organic Practice California (Winter types), Idaho (Winter types), Oregon (Winter types) & Washington (Winter types) Barley March 5 Sales Closing Date California (Winter types w/o Winter Coverage Endorsement), Idaho (Winter types w/o Winter Coverage Endorsement), Oregon (Winter types w/o Winter Coverage Endorsement) & Washington (Winter types w/o Winter Coverage Endorsement) Barley Organic Practice March 5 Sales Closing Date California (Winter types w/o Winter Coverage Endorsement), Idaho (Winter types w/o Winter Coverage Endorsement), Oregon (Winter types w/o Winter Coverage Endorsement) & Washington (Winter types w/o Winter Coverage Endorsement) s are applicable for the Supplemental Coverage Option (SCO). $3.0/bushel 0.6 $6.63/bushel 0.6 $3.0/bushel 0.7 $6.63/bushel 0.7 $3.0/bushel 0.7 $6.63/bushel 0.7

208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin 4 Common Crop Insurance Policy & Area Risk Protection Insurance Canola - Canola Type ICE Canola Alabama and Georgia Canola - Rapeseed Type Alabama and Georgia Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee Organic Practice Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina & Tennessee Delaware, Illinois, Indiana, Iowa (Winter), Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Virginia & West Virginia Organic Practice Delaware, Illinois, Indiana, Iowa (Winter), Maryland, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Virginia & West Virginia ICE Canola SRW SRW SRW SRW s are applicable for the Supplemental Coverage Option (SCO). $0.80/pound 0.08 $0.244/pound 0.00 $5.63/bushel 0.9 $2.64/bushel 0.9 $5.72/bushel 0.20 $2.84/bushel 0.20

208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin 6 Common Crop Insurance Policy & Area Risk Protection Insurance SRW California (Winter), Idaho (Winter), with PME Oregon (Winter) & Washington Adjustment (Winter) Organic Practice California (Winter), Idaho (Winter), Oregon (Winter) & Washington (Winter) Idaho (Spring), Oregon (Spring)* & Washington (Spring) * The 209 CY projected price for Klamath County, Oregon Spring type will be derived at a later date, using a February 209 projected price discovery period. Organic Practice Idaho (Spring), Oregon (Spring)* & Washington (Spring) * The 209 CY projected price for Klamath County, Oregon Spring type will be derived at a later date, using a February 209 projected price discovery period. October 3 Sales Closing Date Nevada (Winter) & Utah (Winter) Organic Practice October 3 Sales Closing Date Nevada (Winter) & Utah (Winter) SRW with PME Adjustment HRS HRS SRW with PME Adjustment SRW with PME Adjustment s are applicable for the Supplemental Coverage Option (SCO). $6.59/bushel 0.2 $4.79/bushel 0.2 $6.2/bushel 0.9 $3.94/bushel 0.9 $6.59/bushel 0.2 $4.79/bushel 0.2

208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin 7 Common Crop Insurance Policy & Area Risk Protection Insurance October 3 Sales Closing Date HRS Nevada (Spring) & Utah (Spring) Organic Practice October 3 Sales Closing Date Nevada (Spring) & Utah (Spring) Durum Type New Mexico Durum Type Organic Practice New Mexico HRS HRS HRS s are applicable for the Supplemental Coverage Option (SCO). $6.2/bushel 0.9 $3.94/bushel 0.9 $7.32/bushel 0.8 $6.43/bushel 0.8 Malting Barley Endorsement The Malting Barley Endorsement (MBE) utilizes a Chicago Board of Trade () soft red wheat price component to derive the 209 CY projected price for any insured whose malt barley contract provides for a premium amount above or below a base price to be determined, and whose base price is not determined by the acreage reporting date. Please see the MBE for details: www.rma.usda.gov/policies/208/8-009b.pdf. Malt Barley Type Exchange Contract Fall Planted Type SRW Component $5.72/bushel 0.2

208 Crop Year (CY) Common Crop Insurance Policy Harvest s; 209 CY Common Crop Insurance Policy and Area Risk Protection Insurance s and s; 209 CY Malting Barley Endorsement Component; and 209 CY Margin 8 Margin Protection Plan The following 209 CY margin projected prices and volatility factors are approved for the Margin Protection Plan. The margin projected price is used in conjunction with projected input prices and the expected county yield to derive the expected margin (per acre), trigger margin (per acre) and liability. The expected margins for each crop/county are available at the following web page on RMA s public website: webapp.rma.usda.gov/apps/actuarialinformationbrowser/. Please see the following web page on RMA s public website for program details: www.rma.usda.gov/policies/mp/index.html. Crop/States/Type Exchange Contract Grain Type* December All Insured States Soybeans November All Insured States Soybeans Minnesota, Montana, HRS North Dakota & South Dakota Margin $3.95/bushel 0.7 $9.02/bushel 0.5 $6.2/bushel 0.9 DISPOSAL DATE December 3, 208