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