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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 7 - Agriculture |
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Subtitle B—Regulations of the Department of Agriculture |
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Chapter VII—Farm Service Agency, Department of Agriculture |
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SubChapter D—Special Programs |
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Part 760 - Indemnity Payment Programs |
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Subpart Q - Milk Loss Program |
§ 760.1718 - Instructions and forms.
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§ 760.1718 Calculating payments for milk losses.
(b) [Reserved(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 whole milk marketed during the applications period; and
(3) Any payment not subject to refund which the farmer received from a milk handler with respect to whole milk removed from the commercial market during the application period;
(4) Multiplied by a program factor of 75 percent.
Instructions and forms.
Affected farmers may obtain information necessary to make application for a milk loss payment from the county FSA office.
[84 FR 48534, Sept. 13, 2019. Redesignated at 88 FR 62290, Sept. 11, 2023]