Rolnictwo i żywność · 03/06/2011

FCIC Finalizes Amendments to Common Crop Insurance Regulations for Extra Long Staple Cotton Crop Insurance Provisions

The Federal Crop Insurance Corporation (FCIC) has made changes to the Common Crop Insurance Regulations, Extra Long Staple Cotton Crop Insurance Provisions, removing references to the Daily Spot Cotton Quotation and replacing them with the National Average Loan Rate published by the Farm Service Agency (FSA), to better align with the Upland Cotton Crop Insurance Provisions and reduce vulnerability to program fraud, waste, and abuse, effective for the 2012 and succeeding crop years.