Page:United States Statutes at Large Volume 104 Part 5.djvu/63

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PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3385 'deficiency payments') for each of the 1991 through 1995 crops of wheat in an amount computed by multiplying— "(i) the payment rate; by "(ii) the payment acres for the crop; by "(iii) the farm program payment yield established for the crop for the farm. " (B) PAYMENT RATE. — "(i) PAYMENT RATE FOR 199I THROUGH 1993 CROPS.— The payment rate for each of the 1991 through 1993 crops of wheat shall be the amount by which the established price for the crop of wheat exceeds the higher of— "(I) the national weighted average market price received by producers during the first 5 months of the marketing year for the crop, as determined by the Secretary; or "(II) the loan level determined for the crop, prior to any adjustment made under subsection (a)(3) for the marketing year for the crop of wheat, "(ii) PAYMENT RATE OF 1994 AND 1995 CROPS. —The payment rate for each of the 1994 and 1995 crops of wheat shall be calculated as provided in clause (i). "(iii) MINIMUM ESTABLISHED PRICE.— The established price for wheat shall not be less than $4.00 per bushel for each of the 1991 through 1995 crops, "(C) PAYMENT ACRES.—Payment acres for a crop shall be the lesser of— "(i) the number of acres planted to the crop for harvest within the permitted acreage; or "(ii) 100 percent of the crop acreage base for the crop for the farm less the quantity of reduced acreage (as determined under subsection (e)(2)(D)). " (D) EMERGENCY COMPENSATION.— " (i) IN GENERAL. — Notwithstanding the foregoing provisions of this section, if the Secretary adjusts the level of loans and purchases for wheat under subsection (a)(3), the Secretary shall provide emergency compensation by increasing the deficiency payments for wheat by such amount as the Secretary determines necessary to provide the same total return to producers as if the adjustment in the level of loans and purchases had not been made. " (ii) CALCULATION.— In determining the payment rate, per bushel, for emergency compensation pay- ments for a crop of wheat under this subparagraph, the Secretary shall use the national weighted average market price, per bushel of wheat, received by producers during the marketing year for the crop, as determined by the Secretary. "(iii) DEADUNES FOR ESTIMATES AND AVAILABILITY.— Notwithstanding any other provision of this Act, the Secretary shall— "(I) by December 1 of the marketing year for the crop, estimate the national weighted average market price, per bushel of wheat, received by producers during the marketing year;