{"data":{"id":"us/7-cfr-760.1612","jurisdiction":"us","citation":"7 CFR 760.1612","heading":"Calculating payments for on-farm stored commodity losses.","body":"(a) Payments made under this subpart for eligible on-farm stored commodities are calculated by:\n(1) Multiplying the NASS Market Year Average Price or FSA determined price for the eligible on-farm stored commodity by 75 percent;\n(2) Multiplying the result from paragraph (a)(1) of this section by the eligible quantity of the eligible on-farm stored commodity adjusted by applicable shares of the producer;\n(3) Reducing the calculated amount by subtracting any payment received from an insurance indemnity or salvage buyer; and\n(4) Applying a payment factor based on the total calculated payments for all applications if the total calculated payments exceed the available funding.\n(b) [Reserved]","path":["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 P—On-Farm Stored Commodity Loss Program"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"fa9c906f716fa08ffcc4b80371dfc1eaf8f5617092ca64799cc3972e6ec966e6","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-760.1611","next":"us/7-cfr-760.1700"},"notice":"GroundRules: Original legal text. Not legal advice."}
