|
Nevada, Iowa | I went to an area meeting today that ISU extension presented and if I understood correctly, you are right. And to elaborate further, those are actual sales for that marketing year not average sales for several years.
Also, I have been arguing that we are actually giving up potentially more the 5 an acre due to the reduction in PCP, which may or may not come into play. Just today (stupidly) I discovered that the PCP is now kind of a floating average for the month which should take a lot of the gyration out of the LDP game. In other words, it would probably eradicate the chance of hitting any spike low to capitalize maximum returns thru LDP or marketing loan gain. Did I get this right? | |
|
ACRE (again)
