Determining payments for low yield.

CFR · 2024-01-01 · US · Title 7

(a) Except to the extent that the loss calculation provisions of other subparts apply, and subject to limitations set out elsewhere in this part and in this title and to the availability of funds, payments under this part will be made on eligible crops with eligible losses by: (1) Multiplying the total acres devoted to the eligible crop by the producers share, and subject to provisions for specific crops provided elsewhere in this part; (2) Multiplying the product of paragraph (a)(1) of this section by 50, 55, 60, or 65 percent, as selected by the producer as specified in § 1437.5; of the approved yield per acre for the commodity for the producer. (3) Multiplying the net production of the total eligible acreage by the producer's share; (4) Subtracting the product of paragraph (a)(3) of this section from the product of paragraph (a)(2) of this section; (5) Multiplying the amount calculated as specified in paragraph (a)(4) of this section by 55 or 100 percent (selected by the producer as specified in § 1437.5) of the final payment price calculated as specified in § 1437.12; and (6) Adding the producer's share of any salvage value and secondary use and subtracting the result from the result of paragraph (a)(5) of this section. (b) Further adjustments may be made as needed to accomplish the purposes and goals of the program. (c) The crops and locations eligible for quality adjustments will be determined by the Deputy Administrator in advance of the coverage period, only if suppor

official document · source cfr-2024 · id 7:§ 1437.105