[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: 7CFR1437.302]

[Page 605]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1437_NONINSURED CROP DISASTER ASSISTANCE PROGRAM--Table of Contents
 
               Subpart D_Determining Coverage Using Value
 
Sec.  1437.302  Determining payments.

    Subject to all restrictions and the availability of funds, value 
loss payments for qualifying losses will be determined by:
    (a) Multiplying the field market value of the crop before the 
disaster by 50 percent;
    (b) Subtracting the sum of the field market value after the disaster 
and value of ineligible causes of loss from the result from paragraph 
(a)(1) of this section;
    (c) Multiplying the result from paragraph (a)(2) of this section by 
the producer's share;
    (d) Multiplying the result from paragraph (a)(3) of this section by 
55 percent plus whatever factor deemed appropriate to reflect savings 
from non-harvesting of the damaged crop or other factors as appropriate;
    (e) Multiplying the salvage value by the producer's share;
    (f) Subtracting the result from paragraph (a)(5) of this section 
from the result from paragraph (a)(4) of this section.