Posted 1/9/2019 17:07 (#7232694 - in reply to #7232316) Subject: RE: How did they decide the MFP payment amount?
AGDEAL - 1/9/2019 13:26
Why were beans 1.65 and corn .01? Corn was worth more and beans were about $.40 less year over year from December 1 to December 1 here anyway.
We probably won't ever know the real reason but crop size alone would explain some of the lower soybean price on it's own
because they need an accurate number of inventory to use in negotiations, $1.65 got everybody running in to sign up. They should have a really solid production number for 2018 production. Proof farmers can be lead anywhere with a noose made of dollar signs.