Current through November 30, 2024
Section 760.1612 - Calculating payments on-farm storage losses(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.