The method used by USDA to calculate trade aid payments is being questioned by some commodity groups.
Iowa farmer Kevin Ross, the incoming first vice president of the National Corn Growers Association, says the penny per-bushel payment for corn will have a very slim impact.
“Especially considering the data we had and submitted to USDA on the total impact to corn farmers and the $6.3 billion dollars-worth of damage that we can quantify for trade.
Continue reading NCGA, NAWG question USDA trade aid formula at Brownfield Ag News.