This winter, major developments in South America, China, and Eastern Europe are affecting world grain markets, resulting in overall depressed prices. However, Iowa producers are able to make use of advantages provided by loan deficiency payments (LDPs) and marketing loans. While LDPs and marketing loan gains for corn are lower than last year, the payments provided through marketing assistance programs for the soybean crop are higher.
Saak, Alexander E.
"Iowa's Agricultural Situation: LDPs and Marketing Assistance Help Iowa Farmers Weather the Ups and Downs of Global Supply and Demand,"
Iowa Ag Review: Vol. 8
, Article 3.
Available at: http://lib.dr.iastate.edu/iowaagreview/vol8/iss1/3