GroundRules
7 CFR 760.1720: Calculating payments for milk losses.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
- SUBCHAPTER D—SPECIAL PROGRAMS
- PART 760—INDEMNITY PAYMENT PROGRAMS
- Subpart Q—Milk Loss Program
(a) Payments made under this subpart to a participant for loss of milk as a result of a qualifying disaster event are calculated as follows:
(1) Amount of the fair market value of the farmer's normal marketings for the application period; less
(2) Any amount the farmer received for milk marketed during the applications period; and
(3) Any payment not subject to refund which the farmer received from a milk marketing organization with respect to milk removed from the commercial market during the application period;
(4) Multiplied by a program factor of 75 percent.
(b) [Reserved]
Collected 2026-08-27T02:24:01Z. Source file · JSON