Priv. Ltr. Rul. 201115010 (Jan. 3, 2011)

(grain payments made by cooperative to members and contract patrons constitute PURPIMs in accordance with I.R.C. Sec. 1382(b)(3); cooperative can compute its I.R.C. Sec. 199 deduction without regard to any deduction for grain payments to members and contract patrons).