The board of directors of AmeriFlax is asking USDA’s Risk Management Agency to issue an Additional Price Election for flax for the 2022 growing season. AmeriFlax is concerned about the wide disparity between the guaranteed coverage on flax compared to other crop options. USDA’s announced Established Price in early December was $12.85 per bushel and does not reflect current cash bid prices of $30 to $40 per bushel for old crop and $20 per bushel for new crop.
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