(C) in paragraph (3)(A)(ii)(III)— 
(i) in the matter before item (aa), by 
inserting ‘‘50 percent of’’ before ‘‘the higher 
of’’; 
(ii) in item (aa), by striking ‘‘guar-
antee’’; 
(D) in paragraph (4)— 
(i) in subparagraph (A)(i)— 
(I) by striking subclauses (I) and 
(II) and inserting the following: 
‘‘(I) the actual production by crop 
on a farm for purposes of determining 
losses under the Federal Crop Insur-
ance Act (7 U.S.C. 1501 et seq.) or the 
noninsured crop assistance program; 
and’’; and 
(II) by redesignating subclause 
(III) as subclause (II); 
(ii) in subparagraph (B)— 
(I) in clause (i), by striking 
‘‘and’’ at the end; 
(II) in clause (ii), by striking the 
period at the end and inserting ‘‘; 
and’’; and
(iii) by adding at the end the fol-
lowing: 
‘‘(iii) as the Secretary determines ap-
propriate, to reflect regional variations in a 
manner consistent with the operation of the 
Federal crop insurance program under the 
Federal Crop Insurance Act (7 U.S.C. 1501 
et seq.) and the noninsured crop assistance 
program.’’; 
(E) in paragraph (5)— 
(i) in the matter preceding subpara-
graph (A), by striking ‘‘the sum obtained by 
adding’’; 
(ii) in subparagraph (A)— 
(I) in the matter preceding clause 
(i), by striking ‘‘the product’’ and in-
serting ‘‘for each insurable commodity, 
the product’’; 
(II) in clause (i), by striking 
‘‘greatest’’ and inserting ‘‘greater’’; 
(III) in clause (iii), by striking 
‘‘of the insurance price guarantee; 
and’’ and inserting ‘‘of the price elec-
tion for the commodity used to cal-
culate an indemnity for an applicable
policy of insurance if an indemnity is 
triggered; and’’; and 
(iii) in subparagraph (B)— 
(I) in the matter preceding clause 
(i), by striking ‘‘the product’’ and in-
serting ‘‘for each noninsurable crop, 
the product’’; 
(II) in clause (i), by striking 
‘‘and’’ at the end; 
(III) by redesignating clause (ii) 
as clause (iii); and 
(IV) by inserting after clause (i) 
the following: 
‘‘(ii) the acreage planted or prevented 
from being planted for each crop; and’’; and 
(F) by adding at the end the following: 
‘‘(6) PRODUCTION ON THE FARM.— 
‘‘(A) 
NORMAL
PRODUCTION
ON
THE 
FARM.—The normal production on the farm 
shall equal the sum of the expected revenue for 
each crop on a farm as determined under para-
graph (5). 
‘‘(B) ACTUAL PRODUCTION ON THE FARM.— 
The actual production on the farm shall equal 
the sum obtained by adding—
‘‘(i) for each insurable commodity on 
the farm, the product obtained by multi-
plying— 
‘‘(I) 100 percent of the price elec-
tion for the commodity used to cal-
culate an indemnity for an applicable 
policy of insurance if an indemnity is 
triggered; and 
‘‘(II) the quantity of the com-
modity produced on the farm, adjusted 
for quality losses; and 
‘‘(ii) for each noninsurable commodity 
on a farm, the product obtained by multi-
plying— 
‘‘(I) 100 percent of the noninsured 
crop assistance program established 
price for the commodity; and 
‘‘(II) the quantity of the com-
modity produced on the farm, adjusted 
for quality losses.’’. 
(3) WAIVER FOR SOCIALLY DISADVANTAGED, LIM-
ITED RESOURCE, OR BEGINNING FARMER OR RANCH-
ER.—Section 901(d)(5)(B)(ii) of the Trade Act of 
1974 (19 U.S.C. 2497(d)(5)(B)(ii)) is amended by 
striking ‘‘section’’ and inserting ‘‘subsection’’.
(4) 
TREE
ASSISTANCE
PROGRAM.—Section 
901(f)(2)(A) of the Trade Act of 1974 (19 U.S.C. 
2497(f)(2)(A)) is amended by striking ‘‘the Secretary 
shall provide’’ and inserting ‘‘the Secretary shall use 
such sums as are necessary from the Trust Fund to 
provide’’. 
(5) DE MINIMIS EXCEPTION TO RISK MANAGE-
MENT PURCHASE REQUIREMENT.—Section 901(g) of 
the Trade Act of 1974 (19 U.S.C. 2497(g)) is amend-
ed by adding at the end the following: 
‘‘(6) DE MINIMIS EXCEPTION.— 
‘‘(A) IN GENERAL.—For purposes of assist-
ance under subsection (b), at the option of an eli-
gible producer on a farm, the Secretary shall 
waive paragraph (1)— 
‘‘(i) in the case of a portion of the total 
acreage of a farm of the eligible producer 
that is not of economic significance on the 
farm, as established by the Secretary; or 
‘‘(ii) in the case of a crop for which the 
administrative fee required for the purchase 
of noninsured crop disaster assistance cov-
erage exceeds 10 percent of the value of that 
coverage.
2007, shall continue to apply with respect to 2008 
crops.’’. 
Attest: 
Secretary.