Three new ceilings are set on how much coverage may be bought
What the document says“may be purchased at any level not to exceed--”
The section strikes clause (ii) of section 508(c)(4)(A) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(4)) and inserts a new one capping individual yield or revenue coverage at 85 percent, individual yield or revenue coverage aggregated across multiple commodities at 90 percent, and area yield or revenue coverage as determined by the Corporation at 95 percent.
What the document actually says“may be purchased at any level not to exceed--”
Cover may be bought at any level up to a limit. The three limits that follow set it.
Cover on one farm tops out at 85 percent. Cover across several crops tops out at 90 percent. Area cover tops out at 95 percent.
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