Transparency for Trade Damage Calculations

USDA has outlined how the rates were made for the new round of Market Facilitation Program payments. There is a countywide rate, but that was based on the estimated trade-related damages for various commodities. For dry edible beans, the commodity rate was at $8.22 per hundredweight. Soybeans were $2.05 per bushel, corn was at 14 cents and wheat was at 41 cents. Hogs and dairy rates were also announced, with hogs at $11 per head and milk production at 20 cents per hundredweight.

View the Trade Methodology Report.