1291 
‘‘(ii) EXPERT REVIEWERS.— 
‘‘(I) IN
GENERAL.—Not later 
than 120 days after the date of enact-
ment of this subparagraph, the Cor-
poration shall contract individually 
with 5 expert reviewers described in 
subclause (II) to develop and rec-
ommend a methodology for deter-
mining an expected market price for 
sorghum for both the production and 
revenue-based plans of insurance to 
more accurately reflect the actual 
price at harvest. 
‘‘(II) REQUIREMENTS.—The ex-
pert reviewers under subclause (I) 
shall be comprised of agricultural 
economists with experience in grain 
sorghum 
and 
corn 
markets, 
of 
whom— 
‘‘(aa) 2 shall be agricultural 
economists 
of 
institutions 
of 
higher education; 
‘‘(bb) 2 shall be economists 
from within the Department; and 
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‘‘(cc) 1 shall be an econo-
mist nominated by the grain sor-
ghum industry. 
‘‘(iii) RECOMMENDATIONS.— 
‘‘(I) IN
GENERAL.—Not later 
than 90 days after the date of con-
tracting with the expert reviewers 
under clause (ii), the expert reviewers 
shall submit, and the Corporation 
shall make available to the public, the 
recommendations of the expert review-
ers. 
‘‘(II) 
CONSIDERATION.—The 
Corporation shall consider the rec-
ommendations under subclause (I) 
when determining the appropriate 
pricing methodology to determine the 
expected market price for grain sor-
ghum under both the production and 
revenue-based plans of insurance. 
‘‘(III) PUBLICATION.—Not later 
than 60 days after the date on which 
the Corporation receives the rec-
ommendations of the expert reviewers, 
the Corporation shall publish the pro-
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1293 
posed pricing methodology for both 
the production and revenue-based 
plans of insurance for notice and com-
ment and, during the comment period, 
conduct at least 1 public meeting to 
discuss the proposed pricing meth-
odologies. 
‘‘(iv) APPROPRIATE PRICING METHOD-
OLOGY.— 
‘‘(I) IN
GENERAL.—Not later 
than 180 days after the close of the 
comment period in clause (iii)(III), 
but effective not later than the 2010 
crop year, the Corporation shall im-
plement a pricing methodology for 
grain sorghum under the production 
and revenue-based plans of insurance 
that is transparent and replicable. 
‘‘(II) INTERIM METHODOLOGY.— 
Until the date on which the new pric-
ing methodology is implemented, the 
Corporation may continue to use the 
pricing methodology that the Corpora-
tion determines best establishes the 
expected market price. 
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‘‘(III) AVAILABILITY.—On an an-
nual basis, the Corporation shall make 
available the pricing methodology and 
data used to determine the expected 
market prices for grain sorghum 
under the production and revenue- 
based plans of insurance, including 
any changes to the methodology used 
to determine the expected market 
prices for grain sorghum from the 
previous year.’’. 
SEC. 12010. PREMIUM REDUCTION AUTHORITY. 
Subsection 508(e) of the Federal Crop Insurance Act 
(7 U.S.C. 1508(e)) is amended— 
(1) in paragraph (2), by striking ‘‘paragraph 
(4)’’ and inserting ‘‘paragraph (3)’’; 
(2) by striking paragraph (3); and 
(3) by redesignating paragraphs (4) and (5) as 
paragraphs (3) and (4), respectively. 
SEC. 12011. ENTERPRISE AND WHOLE FARM UNITS. 
Section 508(e) of Federal Crop Insurance Act (7 
U.S.C. 1508(e)) (as amended by section 12010) is amend-
ed by adding at the end the following: 
‘‘(5) ENTERPRISE AND WHOLE FARM UNITS.— 
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‘‘(A) IN GENERAL.—The Corporation may 
carry out a pilot program under which the Cor-
poration pays a portion of the premiums for 
plans or policies of insurance for which the in-
surable unit is defined on a whole farm or en-
terprise unit basis that is higher than would 
otherwise be paid in accordance with paragraph 
(2). 
‘‘(B) AMOUNT.—The percentage of the 
premium paid by the Corporation to a policy-
holder for a policy with an enterprise or whole 
farm unit under this paragraph shall, to the 
maximum extent practicable, provide the same 
dollar amount of premium subsidy per acre that 
would otherwise have been paid by the Corpora-
tion under paragraph (2) if the policyholder had 
purchased a basic or optional unit for the crop 
for the crop year. 
‘‘(C) LIMITATION.—The amount of the 
premium paid by the Corporation under this 
paragraph may not exceed 80 percent of the 
total premium for the enterprise or whole farm 
unit policy.’’. 
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SEC. 12012. PAYMENT OF PORTION OF PREMIUM FOR AREA 
REVENUE PLANS. 
Section 508(e) of the Federal Crop Insurance Act (7 
U.S.C. 1508(e)) (as amended by section 12011) is amend-
ed— 
(1) in paragraph (2), in the matter preceding 
subparagraph (A), by striking ‘‘paragraph (4)’’ and 
inserting ‘‘paragraphs (4), (6), and (7)’’; and 
(2) by adding at the end the following: 
‘‘(6) PREMIUM SUBSIDY FOR AREA REVENUE 
PLANS.—Subject to paragraph (4), in the case of a 
policy or plan of insurance that covers losses due to 
a reduction in revenue in an area, the amount of the 
premium paid by the Corporation shall be as follows: 
‘‘(A) In the case of additional area cov-
erage equal to or greater than 70 percent, but 
less than 75 percent, of the recorded county 
yield indemnified at not greater than 100 per-
cent of the expected market price, the amount 
shall be equal to the sum of— 
‘‘(i) 59 percent of the amount of the 
premium 
established 
under 
subsection 
(d)(2)(B)(i) for the coverage level selected; 
and 
‘‘(ii) the amount determined under 
subsection (d)(2)(B)(ii) for the coverage 
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