A bill to amend the Agricultural Market Transition Act to permit a producer to lock in a loan deficiency payment rate for a portion of a crop.

Amends the Agricultural Market Transition Act to provide an alternative loan deficiency payment computation permitting producers to lock in a rate of up to 85 percent of the loan commodity (yield) from the date that the Secretary of Agriculture determines that a fall- or spring-planted commodity is beginning to be harvested until producers begin harvesting such commodity.

States that payments shall be received after: (1) harvest of the total quantity of the loan commodity; and (2) receipt of related documentation by the Secretary.