Sec. 11025. Biomass and sweet sorghum energy crop insurance policies
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Section 522(c) of the Federal Crop Insurance Act of 1938 ( 7 U.S.C. 1522(c) ) (as amended by section 11023) is amended by adding at the end the following: The Corporation shall offer to enter into 1 or more contracts with qualified entities to carry out research and development regarding— a policy to insure biomass sorghum that is grown expressly for the purpose of producing a feedstock for renewable biofuel, renewable electricity, or biobased products; and a policy to insure sweet sorghum that is grown for a purpose described in clause (i). Research and development with respect to each of the policies described in subparagraph
(A)shall evaluate the effectiveness of risk management tools for the production of biomass sorghum or sweet sorghum, including policies and plans of insurance that— are based on market prices and yields; to the extent that insufficient data exist to develop a policy based on market prices and yields, are based on the use of weather indices, including, at a minimum, excessive or inadequate rainfall, to protect the interests of crop producers; and provide protection for production or revenue losses, or both. .
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Sec. 11025
Biomass and sweet sorghum energy crop insurance policies
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