; and (II) if applicable, to the Federal Crop Insurance Corporation the amount of the increase in premium discounts provided under subparagraph (B) of section 508(d)(3) of the Federal Crop Insurance Act ( 7 U.S.C. 1508(d)(3) ). (5) Beginning, small, socially disadvantaged, young, or veteran farmers and ranchers With respect to a beginning, small, socially disadvantaged, young, or veteran farmer or rancher, as determined by the Secretary— (A) an agreement described in subsection (b) shall provide that, during the term of the agreement, the beginning, underserved, or young farmer or rancher shall pay 50 percent of the cost of planting the conserving use cover crop under paragraph (1)(B)(i); and (B) the annual rental rate for a payment under an agreement described in subsection (b) shall be equal to 75 percent of the average rental rate for the applicable county under section 1234(d), as determined by the Secretary. (6) Harvesting, haying, and grazing outside applicable period The harvesting for seed, haying, or grazing of eligible land under paragraph (1)(B)(iii) outside of the nesting and brood-rearing period established for the applicable county shall be subject to the conditions that— (A) with respect to eligible land that is so hayed or grazed, adequate stubble height shall be maintained to protect the soil on the eligible land, as determined by the applicable State conservationist after considering the advice of the applicable State technical committee; and (B) with respect to eligible land that is so harvested for seed— (i) the eligible land shall not be eligible to be insured or reinsured under the Federal Crop Insurance Act ( 7 U.S.C. 1501 et seq.)