Questions about the trade aid formula used by USDA to
calculate payment rates continue despite the unveiling of the package.
Farm management analyst Kent Thiesse with MinnStar Bank in south-central Minnesota says the second Market Facilitation Program was changed to reflect planted acres on a county by county basis.
“I think what they did was looked at the crop mix, which crops were more impacted by trade. They probably also looked at impacts to markets, how much of the grain in a given county is being marketed out of the county.”
He tells Brownfield those are just guesses, and says variances between counties will surely draw criticism.
Continue reading Questions remain following USDA unveiling of MFP2 at Brownfield Ag News.
