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Payments are made when the basic support level for a crop of a commodity is reduced to maintain domestic and export markets for that commodity. Findley payments are made when the national weighted average market price is less than the price support level before it was reduced.
The national average market prices per bushel received by producers from September 1989 through August were $2.36 for corn and $2.10 for sorghum ($3.75 per hundredweight). The basic price support level for each of these commodoties was $2.06 and $1.96, respectively.
95.5%