Posted 5/20/2020 13:31 (#8269545 - in reply to #8269513) Subject: RE: Is it 50%..........or 50% of the 50%???
Nebraska aka the boondocks
An example I saw on dtn this morning. It had a chart, corn at .67, half the money from cares and half from ccc. They then did an example, a producer produced 100k, and half was unsold on January 15, they then took 25,000 times the care rate and 25,000 times the ccc rate, and spit out 16k or so, but that is incorrect if the rate is .67. The only way the rate is .67, is if another payment is coming, imo.