Common Crop Insurance Regulations; Cotton and ELS Cotton Crop Insurance Provisions

摘要

The Federal Crop Insurance Corporation (FCIC) proposes to amend the Cotton Crop Insurance Provisions and the Extra Long Staple (ELS) Cotton Crop Insurance Provisions for the 1999 and succeeding crop years to: Provide a replant payment if the insured crop is damaged by excess moisture, hail, or blowing sand or soil and is replanted; revise the quality adjustment formula used to calculate the amount of production to count for cotton and ELS cotton; and provide a prevented planting coverage level of 50 percent of the insured's production guarantee for timely planted acreage. The intended effect of this action is to create a policy that best meets the needs of the insured.