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USDA/FSA RIN: 0560-AI28 Publication ID: Spring 2015 
Title: Marketing Assistance Loans, Loan Deficiency Payments, and Sugar Loans 
Abstract:

The Agricultural Act of 2014 (the 2014 Farm Bill) reauthorizes Marketing Assistance Loans (MAL) and Loan Deficiency Payments (LDP) for all eligible commodities including cotton, honey, and sugar loans for the 2014 through 2018 crop years. The MAL and LDP programs allow producers to receive short-term loans against their crops, so that producers can market their crops at a time that is convenient for them, rather than being forced to sell immediately after harvest to pay the bills. The MAL and LDP programs are continued with no changes to the loan rates except for cotton, and there are no other changes to the basic structure of the programs. The rule removes the references to the program years that previously limited it to 2008-2012, and makes some minor discretionary changes to add clarity to the regulations. MALs, LDPs, and sugar loans are Commodity Credit Corporation (CCC) programs administered by the Farm Service Agency (FSA).

 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 1405    7 CFR 1421    7 CFR 1425    7 CFR 1427    7 CFR 1434    7 CFR 1435   
Legal Authority: 7 U.S.C. 9031 and 9032    7 U.S.C. 9034    7 U.S.C. 9036    7 U.S.C. 9038 to 9040    7 U.S.C. 7272    7 U.S.C. 1359bb    7 U.S.C. 1359ll    7 U.S.C. 9091   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Final Rule  01/02/2015  80 FR 114   
Final Action Effective  01/02/2015 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Deirdre Holder
Branch Chief, Regulatory Analysis and PRA Requirements Branch
Department of Agriculture
Farm Production and Conservation Business Center, 1400 Independence Avenue SW,
Washington, DC 20250-0572
Phone:202 205-5851
Email: deirdre.holder@usda.gov