[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1412.301]

[Page 390]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1412_DIRECT AND COUNTER-CYCLICAL PROGRAM AND PEANUT QUOTA BUYOUT 
 
   Subpart C_Establishment of Yields for Direct and Counter-Cyclical 
                                Payments
 
Sec. 1412.301  Direct payment yields for covered commodities, except soybeans 

    Source: 67 FR 64751, Oct. 21, 2002, unless otherwise noted.


and other oilseeds.

    (a)(1) The direct payment yield for each covered commodity, except 
soybeans and other oilseeds, shall be the payment yield established for 
the commodity for the farm in accordance with the regulations for feed 
grain, rice, upland cotton and extra long staple cotton, wheat and 
related programs at part 1413 of this chapter in effect on January 1, 
1996 (see 7 CFR part 1413, revised as of January 1, 1996). CCC shall 
adjust the payment yield to reflect the additional payments made in 
accordance with 7 CFR 1413.15.
    (2) In the case of a farm for which a payment yield in accordance 
with paragraph (a)(1) of this section is unavailable for a covered 
commodity, except soybeans and other oilseeds, the county committee 
shall assign a payment yield for such covered commodity on the farm 
based upon the direct payment yield for such covered commodity on at 
least three similar farms physically located in the county with similar 
yield capability, including similar land and cultural practices.
    (i) If fewer than three similar farms are physically located in the 
county, the State committee shall assign a payment yield for such 
covered commodity based upon the direct payment yield for such covered 
commodity on at least three similar farms in the surrounding area with 
similar yield capability, including similar land and cultural practices, 
or as determined by the Deputy Administrator.
    (ii) Payment yields of similar farms shall be based on the farms' 
payment yields before such yields are updated in accordance with this 
section.
    (b) For the purposes of this section popcorn shall be considered as 
corn.

[67 FR 64751, Oct. 21, 2002, as amended at 68 FR 37939, June 26, 2003]