The 2016 Risk Management Program (RMP) is wrapping up as final 2016 payments are made for all three plans.
SDRM: Edible Horticulture
Edible horticulture producers received the second and final government contribution for the self-directed risk management (SDRM) plan. All participating producers who requested the full balance of their account received this additional amount automatically. Producers who requested only a portion of their funds can
complete and submit a Withdrawal Request form to access the additional contribution.
RMP for livestock
Livestock producers received their final 2016 payments in March. These final payments were for Q4 and included adjustments to earlier 2016 program payments.
RMP: Grains and Oilseeds
post-harvest prices are now available, grain and oilseed producers are now receiving their final payments. Post-harvest payments and pre-harvest adjustments are going to customers whose crops had market prices fall below the support level at their chosen coverage level, as indicated in the following table.
Crops that triggered post-harvest payments
|Corn and seed corn|| ||✓||✓|
|Hard red winter wheat and hard white winter wheat||—||—||✓|
|Soft red winter wheat and organic winter wheat||—||—||✓|
|Soft white winter wheat||—||—||✓|
— Not available for 2017.
Farmer's Risk Management Premium Fund
Producers in RMP for livestock and RMP: Grains and Oilseeds who triggered 2016 program payments may also be eligible for additional payments in June from the industry-managed Farmer's Risk Management Premium Fund.