Posted 6/27/2020 17:18 (#8339687 - in reply to #8339630) Subject: RE: Mfp3.0
Illinois
As long as he keeps a low profile, most people ( myself included) will leave him alone.
As for the original topic I don't know. I have honestly wondered the same thing. This time isn't trade or China related. To me it doesn't fit the bill of MFP. Most will either produce enough or insurance will pay for the 2020 crop, and while yes the CFAP didn't pay much or anything to most it really wasn't meant to. Why should the guy who sold for $4 before this mess get a check?
2021 is what's scary. No $3.88 price, no CFAP, no mfp....no chance for a decent futures price.