Posted 5/20/2020 08:31 (#8269019) Subject: Why was raising the $250k limit a big deal?
West of Lincoln a little bit
Seems like the old payment limit was $125,000 and now it's $250,000. But to get a $250k payment from this crazy aid package (the way the math is being explained, which I still think is wonky), you'd need to have 746,268 bushels unpriced as of Jan 15 and have produced at least 1.5 million bushels of corn! At 200 bpa avg, that's almost 7500 acres. How many farmers are actually that big?????