7 CFR 1437.302 - Determining payments.

§ 1437.302 Determining payments.
Subject to all restrictions and the availability of funds, value loss payments for qualifying losses will be determined by:
(a) Multiplying the field market value of the crop before the disaster by 50 percent;
(b) Subtracting the sum of the field market value after the disaster and value of ineligible causes of loss from the result from paragraph (a) of this section;
(c) Multiplying the result from paragraph (b) of this section by the producer's share;
(d) Multiplying the result from paragraph (c) of this section by 55 percent plus whatever factor deemed appropriate to reflect savings from non-harvesting of the damaged crop or other factors as appropriate;
(e) Subtracting the result from paragraph (d) of this section from the producer's share of any salvage value, if applicable.
[67 FR 12448, Mar. 19, 2002, as amended at 78 FR 21019, Apr. 9, 2013]

Title 7 published on 2014-01-01

no entries appear in the Federal Register after this date.

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