1. Short title This Act may be cited as the Agriculture Risk Coverage Improvement and Innovation Act of 2018 . 2. Definitions In this Act: (1) Actual crop revenue The term actual crop revenue , with respect to a covered commodity for a crop year, means the amount determined by the Secretary under section 8(b). (2) Agriculture risk coverage The term agriculture risk coverage means coverage provided under section 8. (3) Agriculture risk coverage guarantee The term agriculture risk coverage guarantee , with respect to a covered commodity for a crop year, means the amount determined by the Secretary under section 8(c). (4) Base acres The term base acres , with respect to a covered commodity on a farm, means the number of acres in effect under section 1111 of the Agricultural Act of 2014 ( 7 U.S.C. 9011 ), as in effect on September 30, 2018, subject to any reallocation, adjustment, or reduction under section 3. (5) Covered commodity The term covered commodity means wheat, oats, and barley (including wheat, oats, and barley used for haying and grazing), corn, grain sorghum, seed cotton, long grain rice, medium grain rice, pulse crops, soybeans, other oilseeds, and peanuts. (6) Effective price The term effective price , with respect to a covered commodity for a crop year, means the price calculated by the Secretary under section 7(b) to determine whether price loss coverage payments are required to be provided for that crop year. (7) Individual coverage The term individual coverage means agriculture risk coverage selected under section 6(b)(2) to be obtained at the farm level. (8) Medium grain rice The term medium grain rice includes short grain rice and temperate japonica rice. (9) Other oilseed The term other oilseed means a crop of sunflower seed, rapeseed, canola, safflower, flaxseed, mustard seed, crambe, sesame seed, or any oilseed designated by the Secretary. (10) Payment acres The term payment acres , with respect to the provision of price loss coverage payments and agriculture risk coverage payments, means the