[Federal Register Volume 75, Number 186 (Monday, September 27, 2010)]
[Rules and Regulations]
[Page 59057]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-23884]
========================================================================
Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
Prices of new books are listed in the first FEDERAL REGISTER issue of each
week.
========================================================================
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.
-----------------------------------------------------------------------
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