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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) Payments made under this subpart to a participant for loss of stored commodities are calculated, except hay or silage, by:
(1) Multiplying the eligible quantity of the eligible commodity by the RMA determined price;
(2) Multiplying the result from paragraph (a)(1) of this section by a 75 percent factor.
(b) Payments made under this subpart to a participant for loss of stored hay or silage, by:
(1) Multiplying the eligible quantity of the eligible commodity by a price as determined by the Secretary;
(2) Multiplying the result from paragraph (b)(1) of this section by a 75 percent factor.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.760.1612 Calculating payments on-farm storage losses - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-760-1612/
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