7 U.S.C. § 9016: Price loss coverage

the effective price for the covered commodity for the crop year; is less than the reference price for the covered commodity for the crop year; or the effective price for the covered commodity for the crop year; is less than the effective reference price for the covered commodity for the crop year. the national average market price received by producers during the 12-month marketing year for the covered commodity, as determined by the Secretary; or the national average loan rate for a marketing assistance loan for the covered commodity in effect for such crop year under subchapter II. the reference price for the covered commodity; and the effective price determined under subsection (b) for the covered commodity. the effective reference price for the covered commodity; and the effective price determined under subsection (b) for the covered commodity. Not later than 30 days after the end of each applicable 12-month marketing year for each covered commodity, the Secretary shall publish the payment rate determined under paragraph (1). In the case of a covered commodity, such as temperate japonica rice, for which the Secretary cannot determine the payment rate for the most recent 12-month marketing year by the date described in paragraph (2) due to insufficient reporting of timely pricing data by 1 or more nongovernmental entities, including a marketing cooperative for the covered commodity, the Secretary shall publish the payment rate as soon as practicable after the marketing year data are made available. the payment rate for the covered commodity under subsection (c); the payment yield for the covered commodity; and the payment acres for the covered commodity. If the Secretary determines under this section that price loss coverage payments are required to be provided for the covered commodity, the payments shall be made beginning October 1, or as soon as practicable thereafter, after the end of the applicable marketing year for the covered commodity. In determining the effective price for barley under subsection (b), the Secretary shall use the all-barley price. the simple average of the marketing year average price of medium grain rice from the 2017 through 2021 crop years; by the simple average of the marketing year average price of all rice from the 2017 through 2021 crop years. The effective price for seed cotton under subsection (b) shall be equal to the marketing year average price for seed cotton, as calculated under paragraph (2). the upland cotton lint marketing year average price; and the total United States upland cotton lint production, measured in pounds; and the cottonseed marketing year average price; and the total United States cottonseed production, measured in pounds; by the total United States upland cotton lint production, measured in pounds; and the total United States cottonseed production, measured in pounds.