Commodity Credit Corporation April 13, 2016 – Federal Register Recent Federal Regulation Documents

Margin Protection Program for Dairy
Document Number: 2016-08482
Type: Rule
Date: 2016-04-13
Agency: Department of Agriculture, Commodity Credit Corporation
This rule amends the regulations for the Margin Protection Program for Dairy (MPP-Dairy) to allow dairy operations to update their production history when a son, daughter, grandchild, or spouse of a child or grandchild of a current producer participating in the MPP- Dairy program joins the operation. In addition, this rule provides for a later due date for the payment of the entire premium and clarifies that dairy operations that purchase buy-up coverage on less than 90 percent of their production history will also receive catastrophic coverage on the balance, up to 90 percent of the production history. The rule also makes corrections and clarifications.