Determination of losses incurred.

CFR · 2024-01-01 · US · Title 7

(a) Eligible payable losses are calculated on a dairy operation by dairy operation basis and are limited to (1) The average of annual marketed production during the base period calendar years of 2003 and 2004, divided by; (2) The average number of cows in the dairy operation's herd during the base period calendar years of 2003 and 2004. (b) If relevant information to calculate the average annual production per cow for one or both of the base period calendar years of 2003 and 2004, is not available, an alternative method of determining the average annual production per cow may be established by the FSA Administrator. For example, for new dairies not in operation during 2003 and 2004, information from three similar farms may be obtained by FSA to estimate base annual production. (c) The average annual production per cow, as determined according to paragraphs (a)(1) and (a)(2) of this section, is multiplied by the average number of cows in the dairy operation's herd during the applicable disaster year (excluding cow losses resulting from the disaster occurrence), to determine base annual production for the dairy operation for each applicable disaster claim period year. (d) The eligible dairy production losses for a dairy operation for each of the authorized disaster claim period years will be: (1) The relevant period's base annual production for the dairy operation calculated under paragraph (c) of this section less, (2) For each such disaster claim period for each dairy operati

official document · source cfr-2024 · id 7:§ 786.106