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Prices
These prices will be used to value commodities reported in the crops/livestock inventory section of your AgriStability form.
Crop and livestock inventories for market commodities are valued using both an opening price (P1) and a year-end price (P2) and are referred to as the P1/P2 Hybrid Inventory Valuation method. With this method, changes in the value of your crop and/or livestock inventories will reflect changes over the course of the fiscal period and variations in the price of each commodity between the beginning and end of your fiscal period.