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What is the new method of inventory valuation for income stabilization programs?

April 26, 2017income Inventory method Programs Stabilization valuation

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What is the new method of inventory valuation for income stabilization programs?

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A. An opening (p1) and an end of year price (p2) will be used to value inventory. The decline or increase in value of inventory will be included in the calculation of a producer’s production margin (i.e. farm income) for the year. This method will be applied to market commodities, but not productive assets such as breeding livestock.