View all text of Subpart Q [§ 760.1700 - § 760.1720]
§ 760.1720 - Calculating payments for milk losses.
(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 90 percent for underserved farmers or ranchers, or 75 percent for all other farmers or ranchers.
(b) [Reserved]