7 USC 7936 - Payments in lieu of loan deficiency payments for grazed acreage

U.S Code last checked for updates: Nov 22, 2024

§ 7936.

Payments in lieu of loan deficiency payments for grazed acreage

(a)

Eligible producers

(1)

In general

(2)

Grazing of triticale acreage

(b)

Payment amount

(1)

In general

(A)

the loan deficiency payment rate determined under section 7935(c) of this title in effect, as of the date of the agreement, for the county in which the farm is located; by

(B)

the payment quantity determined by multiplying—

(i)

the quantity of the grazed acreage on the farm with respect to which the producer elects to forgo harvesting of wheat, barley, or oats; and

(ii)

the payment yield in effect for the calculation of direct payments under subchapter I with respect to that loan commodity on the farm or, in the case of a farm without a payment yield for that loan commodity, an appropriate yield established by the Secretary in a manner consistent with section 7912(c) of this title.

(2)

Grazing of triticale acreage

The amount of a payment made under this section to a producer on a farm described in subsection (a)(2) shall be equal to the amount determined by multiplying—

(A)

the loan deficiency payment rate determined under section 7935(c) of this title in effect for wheat, as of the date of the agreement, for the county in which the farm is located; by

(B)

the payment quantity determined by multiplying—

(i)

the quantity of the grazed acreage on the farm with respect to which the producer elects to forgo harvesting of triticale; and

(ii)

the payment yield in effect for the calculation of direct payments under subchapter I with respect to wheat on the farm or, in the case of a farm without a payment yield for wheat, an appropriate yield established by the Secretary in a manner consistent with section 7912(c) of this title.

(c)

Time, manner, and availability of payment

(1)

Time and manner

(2)

Availability

(d)

Prohibition on crop insurance indemnity or noninsured crop assistance

(Pub. L. 107–171, title I, § 1206, May 13, 2002, 116 Stat. 159.)

cite as: 7 USC 7936