[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1437.11]

[Page 597]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1437_NONINSURED CROP DISASTER ASSISTANCE PROGRAM--Table of Contents
 
                      Subpart A_General Provisions
 
Sec.  1437.11  Average market price and payment factors.

    (a) An average market price will be used to calculate assistance 
under this part and will be:
    (1) A dollar value per the applicable unit of measure of the 
eligible crop;
    (2) Determined on a harvested basis without the inclusion of 
transportation, storage, processing, marketing, or other post-harvest 
expenses, as determined by CCC;
    (3) Comparable with established FCIC prices; and
    (4) Determined, as practicable, for each intended use of a crop type 
within a State, as determined by CCC, for a crop year.
    (b) For these purposes, where needed, an Animal-unit-days (AUD) 
value will be based on the national average price of corn and the daily 
requirement of 13.6 megacalories of net energy for maintenance of 1 
animal unit.
    (c) Payment factors will be used to calculate assistance for crops 
produced with significant and variable harvesting expenses that are not 
incurred because the crop acreage was prevented planted or planted but 
not harvested, as determined by CCC.
    (d) An adjusted market price will be calculated based on the 
provisions in this section and others as may apply. A final payment 
price will be determined by multiplying, as appropriate, the average 
market price by the applicable payment factor (i.e. harvested, 
unharvested, or prevented planting) by 55 percent or, by multiplying the 
applicable AUD (as adjusted, if adjusted) by 55 percent.

[67 FR 12448, Mar. 19, 2002, as amended at 71 FR 13744, Mar. 17, 2006]