7 CFR § 1421.13 - Special loan deficiency payments.

---
identifier: "/us/cfr/t7/s1421.13"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1421.13 - Special loan deficiency payments."
title_number: 7
title_name: "Agriculture"
section_number: "1421.13"
section_name: "Special loan deficiency payments."
chapter_name: "COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE"
subchapter_number: "B"
subchapter_name: "LOANS, PURCHASES, AND OTHER OPERATIONS"
part_number: "1421"
part_name: "GRAINS AND SIMILARLY HANDLED COMMODITIES—MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 7231-7237, 7931-7936, and 9031- 40, 15 U.S.C. 714b and c."
cfr_part: "1421"
---


# 1421.13 Special loan deficiency payments.

(a)(1) Eligible producers of unshorn pelts produced from live sheep and hay and silage derived from an eligible loan commodity as provided in § 1421.5 are eligible to request unshorn pelt, hay, and silage quantities for a LDP under subpart C of this part.

(2) Unshorn pelts, hay, and silage derived from an eligible loan commodity are not eligible to be pledged as collateral to obtain a MAL under subpart B of this part.

[71 FR 32424, June 6, 2006, as amended at 74 FR 15654, Apr. 7, 2009; 80 FR 129, Jan. 2, 2015]