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Covid Clarification
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Posted 5/22/2020 17:39 (#8273825 - in reply to #8273696)
Subject: RE: Covid Clarification

NC Iowa
20,000 Bu * 67 cents= $13,400.

I was wrong. This is going to be confusing.

You can only use half of your total raised in 2019. then you have to take that in half.
10,000 Bu *67 cents= $6,700.
you only get 80% of that right away.
Now if you forward contracted any corn you have to subtract that as well if it is over half of your 2019 bushels.

Edited by Iowaluck 5/22/2020 18:12
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