legal · go-v.org

Calculating payments on-farm storage losses.

CFR · 2024-01-01 · US · Title 7

(a) Payments made under this subpart to a participant for loss of stored commodities are calculated, except hay or silage, by: (1) Multiplying the eligible quantity of the eligible commodity by the RMA determined price; (2) Multiplying the result from paragraph (a)(1) of this section by a 75 percent factor. (b) Payments made under this subpart to a participant for loss of stored hay or silage, by: (1) Multiplying the eligible quantity of the eligible commodity by a price as determined by the Secretary; (2) Multiplying the result from paragraph (b)(1) of this section by a 75 percent factor.

official document · source cfr-2024 · id 7:§ 760.1612