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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) CAP payments will be calculated by multiplying the total number of reported or determined acres of an eligible crop by the per acre payment rate for that crop. Payment rates are as follows:
(1) Long grain rice, $31.93 per acre;
(2) Medium or short grain rice, $52.46 per acre;
(3) Upland cotton, $17.70 per acre;
(4) Soybeans, $15.62 per acre; and
(5) Sweet potatoes, $155.41 per acre.
(b) Payments will be calculated based on the 2009 crop year reported or determined planted or considered planted acres of an eligible crop on a farm in a disaster county as reflected on a form FSA–578, Report of Acreage, on file in FSA as of October 22, 2010.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.760.705 Payment rates and calculation of payments - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-760-705/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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