Summary

GAO reviewed the Commodity Credit Corporation's (CCC) new rule on percentages for direct and counter-cyclical program advance payments. GAO found that (1) the rule implements the provisions of the Agricultural Reconciliation Act of 2005 regarding percentages used to determine payment amounts for producers electing to receive advance payments through the Direct and Counter-Cyclical Program; and (2) CCC complied with applicable requirements in promulgating the rule.