Calculating payments for milk losses
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(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 75 percent.
(b) [Reserved]
[84 FR 48534, Sept. 13, 2019. Redesignated and amended at 88 FR 62290, 62292, Sept. 11, 2023; 90 FR 51976, Nov. 18, 2025]
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