February 17, 2005
INFORMATIONAL MEMORANDUM: R&D-05-010
TO:
All Reinsured Companies
All Risk Management Agency Field Offices
All Other Interested Parties
FROM:
Tim B. Witt /s/ Rodger Matthews for
Deputy Administrator
SUBJECT:
Clarification of the Sweetpotato New Pilot Program Insurance
Underwriting Guidelines
The Sweetpotato New Pilot Program Insurance Underwriting Guidelines for the 2005
crop year have been clarified and slip-sheets to the guide are being provided on the RMA
website.
Section 3C(1)(b) has been clarified and an example provided of the method to be used in
calculating a transitional yield (T-yield) when fewer than four years of actual yields are
available on any basic unit. T-yields are to be computed on a policy basis using all of a
producer’s available actual yields.
The language in Section 3K has been clarified to indicate that the T-yield computed in
Section 3C(1)(b) would be used for the purposes of yield adjustment.
The Sweetpotato New Pilot Program Insurance Underwriting Guidelines are located at:
http://www.rma.usda.gov/pilots/2005pilot.html.
If you have any questions, please contact Mark Alderson, Research and Evaluation
Division, at (816) 926-3270.
DISPOSAL DATE:
This informational memorandum is for the purpose of transmitting information and the
expiration date is November 30, 2005.
United States
Department of
Agriculture
Risk
Management
Agency
6501 Beacon Drive
Kansas City,
MO 64133-4676
The Risk Management Agency Administers
And Oversees All Programs Authorized Under
The Federal Crop Insurance Corporation
An Equal Opportunity Employer