True or False: The production date is not extended when the cancellation date occurs on a Saturday, Sunday, or federal holiday.

The statement is true because the production date, which is critical for determining when crops need to be reported for insurance purposes, remains fixed regardless of whether the cancellation date falls on a weekend or a federal holiday. In the context of crop insurance, specific timelines and deadlines are established to ensure that farmers adhere to reporting from the point of production.

If a cancellation date occurs on a non-business day, it does not shift to the next business day; thus, the production date remains unchanged. This rule is designed to provide clarity and consistency in agricultural insurance proceedings.

The other options suggest conditional scenarios that might offer flexibility around the cancellation date based on reporting or crop type, but this is not how the regulations are structured. In the context of crop insurance, clarity in the timing of production and cancellation dates is crucial, and maintaining a consistent approach helps avoid complications or misunderstandings.