Table 3:  Estimated Payment Calculation

Total information  from all counties and worksheets.  Estimated payment subject to payment limitation provisions.

Example

Farm Totals

Revenue Data

1    DCP Direct and ACRE Direct Payment Totals

$  40,000

 

2    DCP Direct Payment and ACRE Direct Payment SURE Revenue   Item 1 x 15%

$   6,000

 

3    DCP “Counter-cyclical” Payments

$       0

 

4    Loan Deficiency Payments, Market Gains, and Market Certificate Payments

$    2,000

 

5    Noninsured Crop Disaster Assistance Program (NAP) Payments

$    4,910

 

6    Crop Insurance Indemnities

$  109,000

 

7   Settlements from FSA and Risk Management Agency (RMA)

$       0

 

8   Other Disaster Payments

$       0

 

9   Guaranteed Payments to Contract Growers

$       0

 

10  Total Other Revenue Data   (Add Items 2 through 9)

$ 121910

 

11  Total Estimated Crop Value  (Total of Item 14 on Tables 1 and 2)

$ 202,976

 

12  Total Revenue  (Item 10 + Item 11)

$ 324886

 

SURE

Guarantees

13  Guarantee  (Total of Item 12 on Tables 1 and 2)

$ 387,014

 

14  Total Expected Crop Revenue  (Total of Item 13 on Tables 1 and 2)

$ 602,784

 

15  90% of Revenue Cap  (Item 14 x 90%)

$ 542,506

 

16  SURE Program Guarantee (Lesser of Item 13 or 15)

$ 387,014

 

Estimated SURE Payment

17  SURE Program Payment  (Item 16 minus Item 12 ) x 60%

$   37277