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How do I fill this out?
To fill out this form, carefully read through all instructions and ensure you have all necessary information ready. Provide accurate details about your dairy production, contamination incident, and any payments or claims received. Double-check your entries before submitting the form to avoid mistakes and delays in processing.
How to fill out the USDA Dairy Indemnity Payment Program Guide?
1
Read all instructions carefully.
2
Gather necessary information about your dairy production and contamination incident.
3
Fill out the application form FSA-373 accurately.
4
Provide details about any payments or claims received.
5
Submit the form to your county FSA office by December 31 following the fiscal year of the loss.
Who needs the USDA Dairy Indemnity Payment Program Guide?
1
Dairy producers facing contamination issues.
2
Manufacturers of dairy products with contamination incidents.
3
Farmers directed by regulatory agencies to remove contaminated milk from the market.
4
Producers needing to calculate and claim indemnity payments.
5
Those who have received successful claims against responsible parties.
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What are the instructions for submitting this form?
To submit this form, fill out application form FSA-373 accurately and provide all required information. Submit the form to your county FSA office by December 31 following the fiscal year of the loss. Ensure all details are correct and supporting documentation is attached. For more information or assistance, contact your local FSA office or visit the Montana FSA Web site.
What are the important dates for this form in 2024 and 2025?
The application period for fiscal years 2024 and 2025 ends on December 31 following the fiscal year of the loss. Make sure to submit your application form FSA-373 to your county FSA office before this deadline.
What is the purpose of this form?
The USDA Dairy Indemnity Payment Program aims to support dairy producers and manufacturers financially when they face contamination issues. This form outlines the eligibility requirements and application process for receiving indemnity payments. By accurately completing and submitting this form, eligible parties can recover financial losses and ensure the safety of their products.
Tell me about this form and its components and fields line-by-line.
- 1. Number of cows milked: Enter the number of cows milked during the contaminated period.
- 2. Number of days milk off market: Enter the number of days the contaminated milk was off the market.
- 3. Base production per cow per day: Enter the base production in pounds per cow per day for the contamination period.
- 4. Farm price for milk: Provide the farm prices for milk of the same butterfat content as that in the base period.
- 5. Fair market value: For manufacturers, enter the fair market value of the product removed from the market.
- 6. Amount of product removed: Enter the amount of product removed from the market due to contamination.
- 7. Salvage value: Subtract any salvage value of the product from the fair market value.
What happens if I fail to submit this form?
Failing to submit this form can result in significant financial losses and non-compliance with regulatory requirements. It is crucial to submit accurately and on time to avoid complications.
- Financial Loss: Without submission, eligible parties may not receive indemnity payments, leading to unrecovered financial losses.
- Non-Compliance: Failure to submit required documentation can lead to non-compliance with USDA regulations and potential penalties.
How do I know when to use this form?
- 1. Contamination Incident: When dairy products are contaminated and must be removed from the market.
- 2. Regulatory Directive: When a regulatory agency directs the removal of contaminated products.
- 3. Indemnity Payment Claim: To claim indemnity payments for financial losses due to contamination.
Frequently Asked Question
What is the USDA Dairy Indemnity Payment Program?
The program provides payments to dairy producers and manufacturers who face contamination issues, helping them recover financial losses.
Who is eligible for indemnity payments?
Dairy producers and manufacturers directed by a public regulatory agency to remove contaminated products from the market are eligible.
How do I calculate the indemnity payment?
For producers, it involves multiplying the number of cows milked, days milk is off the market, base production per cow per day, and farm prices for milk. For manufacturers, it’s the fair market value of the product times the amount removed, minus salvage value.
What is the base period for establishing production?
The base period used can be the calendar month, two half months, or two biweekly pay periods immediately before the milk is removed from the market.
How do I apply for indemnity payments?
Fill out application form FSA-373 and submit it to your county FSA office by December 31 following the fiscal year of the loss.
Can I receive double payments?
No, if you receive indemnity payments and a successful claim for damages against the responsible party, you must return the lesser amount to FSA within 14 days.
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Where can I get more information about the program?
Additional information can be obtained at local FSA offices or through the Montana FSA Web site.
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