The Risk Management Agency (RMA) issued Product Management Bulletin PM-22-072 on November 28, 2022, announcing changes to the Small Grains Crop Provisions, and the Small Grains Crop Provisions were released at that time. The amended Small Grains Crop Provisions expanded revenue coverage to oats and rye, matching available coverage for barley and wheat.

The changes are effective for spring oats for the 2023 and succeeding crop years and for winter oats and rye for the 2024 and succeeding crops years.

On December 13, 2022, Product Management Bulletin PM-22-072.1 was issued authorizing approved insurance providers to automatically transition policyholders who insured oats and rye in the 2022 crop year under the APH plan of insurance to yield protection.  However, if a carryover policyholder wishes to select revenue protection, or make other coverage changes, the change must be made by the policyholder by the sales closing date.

Please click here to access the bulletin for additional information.

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