Bloomberg reported USDA was considering payments of $2 per bushel for soybeans, 63 cents for wheat and 4 cents for corn.
The report said that USDA was considering paying
the amounts based on actual planted acres for 2019 and their historic
yield of crops per acre.
However, USDA late-Tuesday sent out a statement
that offered their views on that reporting: "Details on the new farming
support program will be forthcoming shortly, but we want to be clear
that the program is being designed to avoid skewing planting decisions
one way or another. Farmers should continue to make their planting and
production decisions with the current market signals in mind, rather
than some expectation of what a farming support program might or might
not look like based on inaccurate media stories."