[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: 7CFR759.6]

[Page 394-395]
 
                          TITLE 7--AGRICULTURE
 
                            CHAPTER VII--FARM
                SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
 
PART 759--SMALL HOG OPERATION PAYMENT PROGRAM--Table of Contents
 
Sec. 759.6  Rate of payment and limitations on funding.

    (a) Benefits under this part may be made to hog operations for the 
quantity of eligible slaughter hogs and feeder pigs actually marketed 
during the marketing period in accordance with the limitations set forth 
in this section. Payments will be calculated by operation and shall be 
made in an amount determined by:
    (1) Multiplying $3.60 by the number of eligible feeder pigs marketed 
during the marketing period; plus
    (2) Multiplying $10 by the number of eligible slaughter hogs 
marketed during the marketing period;
    (3) Limiting the payment per hog operation otherwise calculated 
under paragraphs (a)(1) and (2) of this section to $5,000; and
    (4) Reducing the amount due as calculated under paragraphs (a)(1) 
through (3) of this section by amounts previously paid under this part 
based on marketings in the same period and, for claims filed after 
February 12, 1999, by reducing the payment further to zero as necessary 
to insure subject to paragraph (c), that the total payments under this 
part do not exceed $175 million.
    (b) Producers who filed an application under this part prior to 
February 12, 1999, do not need to file another application in order to 
receive benefits at the increased rates announced in the

[[Page 395]]

Federal Register published on August 30, 1999. A producer who wishes to 
amend an application filed prior to February 12, 1999, may file an 
amended application by the deadline for new applications specified in 
Sec. 759.4 of this part.
    (c) To the extent that $175 million is not sufficient to cover all 
claims under this part, claims filed on or before February 12, 1999, 
shall be paid in full for the eligible hogs and feeder pigs which were 
the subject of that claim. For claims filed after that date, the claims 
will be paid in the manner deemed appropriate by FSA to assure, to the 
extent practicable, that the claims are paid in the order in which they 
are filed, until the available funds are expended at which point no 
additional claims will be paid.

[64 FR 47099, Aug. 30, 1999]