7 C.F.R. § 760.1612

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.

7 C.F.R. §760.1612

84 FR 48532 , 9/13/2019