§ 760.2108 Payment calculation.

(a) ELRP 2023 and 2024 FW will use the information reported on a producer's approved FSA-970, for the applicable program year (2023 or 2024), as the basis for a payment under this subpart. (b) FSA will calculate payments under this subpart according to the following: (1) The number of eligible livestock (by livestock kind, type, and weight range) on the beginning date of the qualifying disaster event, multiplied by; (2) Producer Share, multiplied by; (3) The applicable ELRP 2023 and 2024 FW Payment Rate, as specified in paragraph (c) of this section, which equals; (4) The gross ELRP 2023 and 2024 FW payment, multiplied by; (5) An ELRP 2023 and 2024 FW payment factor, if applicable, to be determined during or after the application period. (c) The ELRP 2023 and 2024 FW payment rates provided in Table 3 are based on 60 percent of the monthly feed cost per 1 AU, as determined by the Deputy Administrator, for the applicable calendar year, using the same current AU conversion rates as LFP. A qualifying wildfire payment rate equates to 1 month of calculated feed costs, and a qualifying flood payment rate equates to 3 months of calculated feed costs. Table 1 to Paragraph (c)—ELRP 2023 and 2024 FW Payment Rates by Eligible Covered Livestock Kind, Type, and Weight Range (d) FSA will not disburse ELRP 2023 and 2024 FW payments at the beginning of the application period. However, during the application period, the Deputy Administrator may evaluate program demand and begin issuing payments if an initial payment factor can be established to ensure that payments do not exceed available funding. After the application deadline, a final payment factor will be determined and applied, which may or may not provide an additional or final payment, depending upon the factor.