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 75 percent. (b) [Reserved] [84 FR 48534, Sept. 13, 2019. Redesignated and amended at 88 FR 62290, 62292, Sept. 11, 2023; 90 FR 51976, Nov. 18, 2025]