Calculation of payments.

CFR · 2024-01-01 · US · Title 7

(a) Payments for price trigger crops will be equal to the greater of: (1) Eligible acres of the crop multiplied by a rate of $15 per acre; or (2) Eligible acres of the crop multiplied by the applicable yield, multiplied by the crop marketing percentage in Table 1 of paragraph (j) of this section, multiplied by the crop payment rate in Table 1 of paragraph (j) of this section. (3) Under paragraph (a) of this section, eligible acres include the producer's share of the determined acres, or reported acres if determined acres are not present, of the crop planted for the 2020 crop year, excluding prevented planted and experimental acres. For producers who insured acres of the crop under a policy or plan of insurance under the Federal Crop Insurance Act (7 U.S.C. 1501-1524), the yield will be the average of the producer's 2020 actual production history (APH) approved yield from all of the producer's insured acres nationwide. For producers for whom FSA is unable to obtain a 2020 APH approved yield, the yield will be: (i) The 2019 Agriculture Risk Coverage-County Option (ARC-CO) benchmark yield if the applicant: (A) Has coverage for the crop under an Area Risk Protection Insurance Plan, Margin Protection Plan, Stacked Income Protection Plan, Supplemental Coverage Option, or Whole-Farm Revenue Protection Plan under the Federal Crop Insurance Act; (B) Is a landlord of the applicable acreage and their share is insured by the tenant under a policy or plan of insurance under the Federal Cr

official document · source cfr-2024 · id 7:§ 9.203