[Federal Register Volume 61, Number 106 (Friday, May 31, 1996)]
[Rules and Regulations]
[Pages 27244-27245]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-13591]



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DEPARTMENT OF AGRICULTURE

Federal Crop Insurance Corporation

7 CFR Part 457

RIN 0563-AB24


Common Crop Insurance Regulations; Malting Barley Price and 
Quality Endorsement Crop Insurance Provisions; Correction

AGENCY: Federal Crop Insurance Corporation, Department of Agriculture.

ACTION: Correcting amendments.

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SUMMARY: This document contains technical corrections to the final 
regulations, published Wednesday, March 6, 1996 (61 FR 8851), 
concerning the insurance contract requirements under the Malting Barley 
Price and Quality Endorsement crop provisions of the Common Crop 
Insurance Policy.

EFFECTIVE DATE: May 30, 1996.

FOR FURTHER INFORMATION CONTACT: Rob Coultis, Program Analyst, Research 
and Development Division, Product Development Branch, FCIC, at 9435 
Holmes Road, Kansas City, MO 64131, telephone (816) 926-7730 (not a 
toll-free call).

SUPPLEMENTARY INFORMATION:

Background

    The final regulation that is the subject of these technical 
corrections was intended to make available a new insurance coverage for 
producers of malting barley. As published, the final regulations 
contained an error in the calculation used to reduce the amount of 
production to count when damaged production is accepted by a buyer for 
malting purposes. As published, the quality adjustment factor used to 
reduce the amount of damaged production is calculated by dividing an 
established value of undamaged production (the maximum additional value 
price election) by the price per bushel received for damaged 
production. The application of this calculation will increase the 
production to count, not

[[Page 27245]]

reduce it. To establish the appropriate factor for reducing the 
production to count to take into consideration an amount of damaged 
production, the regulation should have stated that the price per bushel 
received for damaged production would be divided by the established 
value of undamaged production.

Need for Correction

    As published, the final regulations contain errors which may prove 
to be misleading and are in need of clarification.

List of Subjects in 7 CFR Part 457

    Malting Barley Crop Insurance.

PART 457--COMMON CROP INSURANCE REGULATIONS; REGULATIONS FOR THE 
1991 AND SUBSEQUENT CONTRACT YEARS

    Accordingly, 7 CFR Part 457 is corrected by making the following 
correcting amendments:
    1. On page 8856 in the second column, section 4(b)(2) of Option A 
is corrected to read ``Dividing the price per bushel received for the 
damaged production by the result of paragraph (1); and''
    2. On page 8857 in the second column, section 4(b)(2) of Option B 
is corrected to read ``Dividing the price per bushel received for the 
damaged production by the result of paragraph (1); and''

    Signed in Washington, D.C., on May 23, 1996.
Kenneth D. Ackerman,
Manager, Federal Crop Insurance Corporation.
[FR Doc. 96-13591 Filed 5-30-96; 8:45 am]
BILLING CODE 3410-FA-P