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CFAP payment way off
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packerfan
Posted 6/17/2020 06:54 (#8319731 - in reply to #8319413)
Subject: RE: CFAP payment way off


Western illinois
That .67 and .95 bs should never have been posted. The way it was presented was the biggest misrepresentation of a program I’ve ever seen. Actual was half of total production or inventory on hand. Then that was split again and half earned .32 and half earned .35, therefore the total eligible bushels received an average of .335. The guys coming up with .17 are dividing $/ total bushels. Soy math works the same way. Makes no difference how one figures it, it wasn’t near the payment amount originally advertised.

Payment should’ve been $19510 if those bushels you posted are ELIGIBLE.
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