I just went through and did the calculations to see
the how much the changes for 2013 will impact my
reference margin and support level.
The big change was the new reference margin being
calculated on the lesser of gross margin or eligible
expenses.
So going forward the side by side numbers old
program to new program drops support level to
almost exactly one half.
I hope none of these farmers paying high rents
were expecting to be backstopped by this program.
But then I learned a long time ago not to rely on the
government to keep farming.
the how much the changes for 2013 will impact my
reference margin and support level.
The big change was the new reference margin being
calculated on the lesser of gross margin or eligible
expenses.
So going forward the side by side numbers old
program to new program drops support level to
almost exactly one half.
I hope none of these farmers paying high rents
were expecting to be backstopped by this program.
But then I learned a long time ago not to rely on the
government to keep farming.
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