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7 U.S. Code § 9016. Price loss coverage
(a) Price loss coverage paymentsIf all of the producers on a farm make the election under subsection (a) or (h) of section 9015 of this title to obtain price loss coverage or, subject to subsection (c)(1) of such section, are deemed to have made such election under subsection (c)(2) of such section, the Secretary shall make price loss coverage payments to producers on the farm on a covered commodity-by-covered-commodity basis if the Secretary determines that—
(1) for any of the 2014 through 2018 crop years—
(A)
the effective price for the covered commodity for the crop year; is less than
(B)
the reference price for the covered commodity for the crop year; or
(2) for any of the 2019 through 2023 crop years—
(A)
the effective price for the covered commodity for the crop year; is less than
(B)
the effective reference price for the covered commodity for the crop year.