Common Crop Insurance Regulations, Cotton Crop Insurance Provisions and Macadamia Nut Crop Insurance Provisions; Correction, 59057 [2010-23884]

Agencies

• DEPARTMENT OF AGRICULTURE
• Federal Crop Insurance Corporation

[Federal Register Volume 75, Number 186 (Monday, September 27, 2010)]
[Rules and Regulations]
[Page 59057]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-23884]



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Federal Register / Vol. 75, No. 186 / Monday, September 27, 2010 / 
Rules and Regulations

[[Page 59057]]



DEPARTMENT OF AGRICULTURE

Federal Crop Insurance Corporation

7 CFR Part 457

RIN 0563-AB96


Common Crop Insurance Regulations, Cotton Crop Insurance 
Provisions and Macadamia Nut Crop Insurance Provisions; Correction

AGENCY: Federal Crop Insurance Corporation, USDA.

ACTION: Final rule; Correcting amendment.

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SUMMARY: This document is a correcting amendment to make corrections 
relating to the insurance of cotton and macadamia nuts that published 
March 30, 2010.

DATES: Effective Date: September 27, 2010.

FOR FURTHER INFORMATION CONTACT: Erin Albright, Risk Management 
Specialist, Product Management, Product Administration and Standards 
Division, Risk Management Agency, United States Department of 
Agriculture, Beacon Facility, Stop 0812, Room 421, PO Box 419205, 
Kansas City, MO 64141-6205, telephone (816) 926-7730.

SUPPLEMENTARY INFORMATION:

Background

    The final regulation that is the subject of this correction revised 
the Common Crop Insurance Regulations, Basic Provisions and applicable 
Crop Provisions, including the Cotton Crop Insurance Provisions. In 
addition, FCIC revised various Crop Provisions, including the Macadamia 
Nut Crop Insurance Provisions, to correct specific references to the 
revised Common Crop Insurance Regulations, Basic Provisions. It was 
published March 30, 2010 (75 FR 15778-15891).

Need for Correction

    As published, the final regulation contained errors which may prove 
to be misleading and which need to be clarified. Section 10(d) of the 
Cotton Crop Insurance Provisions mistakenly included language that is 
no longer accurate. Language in section 10(d) referring to the quality 
adjustment parameters listed in the Special Provisions and to the date 
the last bale from the unit is classed or delivered is not necessary 
since the basis for quality adjustment is the Upland Cotton National 
Average Loan Rate determined by the Farm Service Agency. Additionally, 
the use of the word ``quotation'' in the term ``price quotation'' is no 
longer accurate or necessary. FCIC is replacing the term ``price 
quotation'' in section 10(d) with the term ``price.''
    The introductory text of the Macadamia Nut Crop Insurance 
Provisions mistakenly included a reference to the 2011 and succeeding 
crop years. The applicability date for the final rule stated ``The 
changes will apply for the 2011 and succeeding crop years for all crops 
with a 2011 contract change date on or after April 30, 2010, and for 
2012 and succeeding crop years for all crops with a 2011 contract 
change date prior to April 30, 2010.'' The 2011 contract change date 
for the Macadamia Nut Crop Insurance Provisions is August 31, 2010, 
which is prior to April 30, 2011. Therefore, this specific provision 
should reference the 2012 and succeeding crop years.

List of Subjects in 7 CFR Part 457

    Crop Insurance, Cotton and Macadamia nut, Reporting and 
recordkeeping requirements.

Correction of Publication

0
Accordingly, 7 CFR part 457 is corrected by making the following 
correcting amendments:

PART 457--COMMON CROP INSURANCE REGULATIONS

0
1. The authority citation for 7 CFR part 457 continues to read as 
follows:

    Authority:  7 U.S.C. 1506(l) and 1506(o).

0
2. Revise sections 10(d)(1) and (2) of Sec.  457.104 to read as 
follows:


Sec.  457.104  Cotton crop insurance provisions.

* * * * *
10. Settlement of Claim
* * * * *
    (d) Mature white cotton may be adjusted for quality when production 
has been damaged by insured causes. Such production to count will be 
reduced if Price A is less than 85 percent of Price B.
    (1) Price B is defined as the Upland Cotton National Average Loan 
Rate determined by FSA, or as specified in the Special Provisions.
    (2) Price A is defined as the loan value per pound for the bale 
determined in accordance with the FSA Schedule of Premiums and 
Discounts for the applicable crop year, or as specified in the Special 
Provisions.
    (3) If eligible for adjustment, the amount of production to count 
will be determined by multiplying the number of pounds of such 
production by the factor derived from dividing Price A by 85 percent of 
Price B.
* * * * *

0
3. Revise the introductory text of Sec.  457.131 to read as follows:


Sec.  457.131  Macadamia nut crop insurance provisions.

    The macadamia nut crop insurance provisions for the 2012 and 
succeeding crop years are as follows:
* * * * *

    Signed in Washington, DC, on September, 16, 2010.
Barbara Leach,
Acting Manager, Federal Crop Insurance Corporation.
[FR Doc. 2010-23884 Filed 9-24-10; 8:45 am]
BILLING CODE 3410-08-P