Farmer Aid Package Info as reported by Bloomberg:

Signup begins September 4th.  

A total of $4.7B in direct payments with a possibility of additional commodity payments in 2019.

$125,000 payment cap per person or legal entity.

Wheat:     $0.14/bu  

Sorgum:   $0.86/bu

Soybeans: $1.65/bu

Corn:         $0.01/bu

 

The initial MFP payment will be calculated by multiplying 50% of the producers total 2018 actual production by the MFP rate.  If a second payment period happens in 2019, the remaining 50% will be paid out.  

**Please check with your local FSA office for further rules and clarification.

 

 

 

 

JVG Cash Bids
Name Delivery Start Basis Month Futures Price Basis Cash Price Futures Change
Corn
Soybeans
HRSW
Winter Wheat - Please call for details

View all cash prices...
Quotes retrieved on September 18, 2018, 06:47:57 PM CDT
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