The applicable date is the day before the death or the harmful event
What the document says“the term `applicable date' means, with respect to livestock, as applicable--”
The section defines the applicable date as the day before the animal died or, where the harm led to a reduced sale price rather than a death, the day before the event that caused it. It also lets the Secretary consider a producer's ability to document regional price premiums for the affected livestock above the national average market price.
What the document actually says“the term `applicable date' means, with respect to livestock, as applicable--”
The law gives the term applicable date a meaning. The two choices that follow set it.
One choice is the day before the animal died. The other is the day before the event that harmed it. The Secretary may also count higher local prices.
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