Section 760.1720 - Calculating payments for milk losses(a) Payments made under this subpart to a participant for loss of milk as a result of a qualifying disaster event are calculated as follows: (1) Amount of the fair market value of the farmer's normal marketings for the application period; less(2) Any amount the farmer received for milk marketed during the applications period; and(3) Any payment not subject to refund which the farmer received from a milk marketing organization with respect to milk removed from the commercial market during the application period;(4) Multiplied by a program factor of 90 percent for underserved farmers or ranchers, or 75 percent for all other farmers or ranchers.84 FR 48534, Sept. 13, 2019. Redesignated and amended at 88 FR 62290, 62292, Sept. 11, 2023 Redesignated and amended at 88 FR 62290, 62292, 9/11/2023