Commodity Credit Corporation December 2006 – Federal Register Recent Federal Regulation Documents

Commodity Credit Corporation Information Collection; Noninsured Crop Disaster Assistance Program
Document Number: 06-9830
Type: Notice
Date: 2006-12-22
Agency: Department of Agriculture, Farm Service Agency, Commodity Credit Corporation
In accordance with the Paperwork Reduction Act of 1995, the Farm Service Agency and the Commodity Credit Corporation are seeking comments from all interested individuals and organizations on the extension of a currently approved information collection used in support of the Noninsured Crop Disaster Assistance Program (NAP). The information collected is needed to determine eligibility to obtain NAP assistance.
Amendment 2 of the Cotton Storage Agreement
Document Number: E6-21571
Type: Notice
Date: 2006-12-19
Agency: Department of Agriculture, Commodity Credit Corporation
This notice announces Amendment 2 to the Commodity Credit Corporation's (CCC's) Cotton Storage Agreement. This amendment alters the agreement that regulates the storage of CCC interest and commercial cotton in warehouses throughout the United States.
2005 Louisiana Sugarcane Hurricane Disaster Assistance Program
Document Number: E6-20696
Type: Notice
Date: 2006-12-06
Agency: Department of Agriculture, Commodity Credit Corporation
This notice implements section 3011 of the Emergency Agricultural Disaster Assistance Act of 2006 (2006 Act) which authorizes the 2005 Louisiana Sugarcane Hurricane Disaster Assistance Program (2005 Program). The 2005 Program requires the Commodity Credit Corporation (CCC) to provide compensation totaling $40 million to Louisiana sugarcane producers and processors who suffered economic losses from the cumulative effects of Hurricanes Katrina and Rita in August and September of 2005. CCC will make $29 million in payments for 2005-crop (Fiscal Year 2006) losses to affected sugarcane processors, who shall share these payments with affected producers in a manner reflecting current contracts between the two parties. In addition, CCC will make payments of $10 million to compensate affected sugarcane producers for losses that are suffered only by producers, including losses due to saltwater flooding, wind damage, or increased planting, replanting, or harvesting costs. The funds for ``producer-only losses'' will be paid to processors, who will then disburse payments to affected producers without regard to contractual arrangements for dividing sugar revenue. CCC is reserving $1 million in the event of appeals and will disburse the residual, if any, to processors, who will then disburse payments to producers in a manner reflecting current contracts between the two parties. This notice provides eligibility criteria and application procedures that will be used to conduct this program.