Posted 5/23/2020 12:02 (#8275266 - in reply to #8275100) Subject: RE: ah great-I dont qualify for payments on cattle-basis and sold
I have no idea on the formula cattle as I don't even know how formula cattle work. LOL Unfortunately, people are getting reimbursed that didn't have a market plan. I really don't know what the best solution is but I believe these payments will take the emphasis off of the real problem with the market not reacting to true supply and demand and retail pricing. I farm knowing there is risk and I by far am not the greatest marketer so I try to stay as low cost as I can. I will take the money they do send, because my competition will take it and some will cheat the system too. Just like some manipulated crop insurance, LDP's, payment limitations, etc. It's no different than the MFP payments preventing adjustments to input costs, land values, machinery costs, etc and avoiding the damage to our markets on supply and demand changes from the trade war.