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7 CFR 760.1720

§ 760.1720 Calculating payments for milk losses.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 760.1720, § 760.1720 Calculating payments for milk losses, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19628
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(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]

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.