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John Shea, 202-690-0437

PROPOSED "COMBO" POLICY COMMENT PERIOD RE-OPENED

WASHINGTON, Sep 26, 2006 - In order to solicit additional public feedback on the proposed "combo" policy, USDA's Federal Crop Insurance Corporation has re-opened the comment period for an additional 30 days.

The proposed combination or "combo policy" would provide both revenue and yield protection for small grains, cotton, coarse grains, malting barley, rice, canola, and rapeseed, and replace the Crop Revenue Coverage, Income Protection, Indexed Income Protection, Actual Production History and Revenue Assurance plans of insurance. Amendments would offer producers a choice of revenue protection (against loss of revenue caused by low prices, low yields or a combination of both) or yield protection (for production losses only) within the same Basic Provisions and applicable Crop Provisions.)

The new comment period ends Oct 26, 2006.

For more information, please see the Federal Register notice.