AgTalk Home
AgTalk Home
Search Forums | Classifieds (291) | Skins | Language
You are logged in as a guest. ( logon | register )

Is it 50%..........or 50% of the 50%???
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
Posted 5/20/2020 14:07 (#8269599 - in reply to #8269176)
Subject: RE: Is it 50%..........or 50% of the 50%???

Western illinois
It may be 25%, but there are two pots to draw money from that add up to .67. Half of the bushels are paid from the CARES ACT and the other half are paid by CCC. So, you get .25 x .67 or .5 x .335, however you want to look at it. Bottom line is the same. At least that’s how it appears to me. The other part of the computation is one will receive 80% of the payment initially. So, .25x.67 (corn)x .8 = initial payment.
Top of the page Bottom of the page

Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)