SDRP Shallow-loss Formula Understates Harvest-Time Losses
SDRP Shallow-loss Formula Understates Harvest-Time Losses
By Daniel Munch
Key Takeaways
The Supplemental Disaster Relief Program (SDRP) Stage 2 was designed to fill gaps left by Stage 1, including assistance for “shallow-loss” farms that carried coverage but did not trigger an indemnity.
–
USDA’s Stage 2 shallow-loss math values production using the spring (projected) price, even when the harvest price is lower, a choice that can reduce or eliminate recognized loss in falling-price years.
–
Stage 1 was more aligned with harvest-season economics, so man
コメントを送信