View all text of Subchapter I [§ 7911 - § 7918]

§ 7912. Establishment of payment yield
(a) Establishment and purpose
(b) Use of farm program payment yield
(c) Farms without farm program payment yield
(d) Payment yields for oilseeds
(1) Determination of average yield
(2) Adjustment for payment yieldThe payment yield for a farm for an oilseed shall be equal to the product of the following:
(A) The average yield for the oilseed determined under paragraph (1).
(B) The ratio resulting from dividing the national average yield for the oilseed for the 1981 through 1985 crops by the national average yield for the oilseed for the 1998 through 2001 crops.
(3) Use of partial county average yield
(e) Opportunity to partially update yields used to determine counter-cyclical payments
(1) Election to update
(2) Time for election
(3) Methods of updating yieldsIf the owner of a farm elects to update yields under this subsection, the payment yield for a covered commodity on the farm, for the purpose of calculating counter-cyclical payments only, shall be equal to the yield determined using either of the following:
(A) The sum of the following:
(i) The payment yield applicable for direct payments for the covered commodity on the farm.
(ii) 70 percent of the difference between—(I) the average yield per planted acre for the crop of the covered commodity on the farm for the 1998 through 2001 crop years, as determined by the Secretary, excluding any crop year in which the acreage planted to the crop of the covered commodity was zero; and(II) the payment yield applicable for direct payments for the covered commodity on the farm.
(B) 93.5 percent of the average of the yield per planted acre for the crop of the covered commodity on the farm for the 1998 through 2001 crop years, as determined by the Secretary, excluding any crop year in which the acreage planted to the crop of the covered commodity was zero.
(4) Use of partial county average yield
(5) Application of election and method to all covered commodities
(Pub. L. 107–171, title I, § 1102, May 13, 2002, 116 Stat. 147.)