[Code of Federal Regulations]
[Title 7, Volume 7, Parts 700 to 899]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR729.203]

[Page 188]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 729--PEANUTS--Table of Contents
 
 Subpart B--Poundage Quotas, Notices of Quotas, Transfers, and Release 
                           and Reapportionment
 
Sec. 729.203  Quota not produced.

    (a) Determining nonproduced quota. For purposes of making a 
reduction in a farm's basic quota when the quantity of peanuts produced 
and considered produced on such farm during any 2 or more years of the 
base period is less than the basic quota established for such farm for 
the respective year, the nonproduced quota shall be determined, for any 
year of the base period for which the sum of the farm's produced and 
considered produced quota is less than such farm's basic quota 
established for such year. The nonproduced quota shall be determined by 
subtracting the sum of the farm's produced and considered produced quota 
for such year from the basic quota established for the farm for such 
year.
    (b) Adjustment to nonproduced quota. For purposes of determining 
basic quota for subsequent crop years, if the basic quota for a farm is 
reduced for nonproduction in accordance with this subpart, the 
nonproduced quota for the base period of the year of the reduction, as 
determined in accordance with paragraph (a) of this section, shall be 
adjusted downward by the amount that the basic quota was reduced. The 
adjustment shall be made in the nonproduced quota by starting with the 
year in which the nonproduced quantity was smallest during the most 
recent 2 years of that base period. If the nonproduced quota was equal 
in each of the most recent 2 years of that base period the adjustment 
shall begin with the most recent year of such 2 year period. If the 
nonproduced quota for the year the adjustment begins is less than the 
amount by which the farm's basic quota was reduced for nonproduction, 
the adjustment to the nonproduced quota shall continue in the remaining 
year of the most recent 2 years of that base period until the 
nonproduced quota has been adjusted by an amount equal to the amount 
that the basic quota was reduced for nonproduction or until the 
nonproduced quota in each of the most recent 2 years of that base period 
has been reduced to zero.