CFR 7-1430.110-2014 Agriculture. Part1430:Dairy products. SubpartA:Margin protection program for dairy producers. Section1430.110:Calculation of average feed cost and actual dairy production margins.
(a) Payments are made to a participating dairy operation as specified in this subpart only when, for a consecutive 2-month period, the calculated average actual dairy production margin is below the coverage level in effect for the participating dairy operation. That margin will be calculated on a national basis and is the amount by which for the relevant consecutive 2-month period, the all milk price exceeds the average feed cost for dairy producers. All calculations will be made on a per cwt basis. The average actual dairy production margin calculation applies to all participating dairy operations. The calculations are not made on an operation by operation basis or on their marketings.
CFR 7-1430.110-2014 history
2014CFR 7-1430.110-2014 Agriculture. Part1430:Dairy products. SubpartA:Margin protection program for dairy producers. Section1430.110:Calculation of average feed cost and actual dairy production margins.