net farm income

Do Not Expect More MFP Payments

Dan Economy

There are some questioning whether farmers could possibly see more trade aid due to the fact the purchases promised in the trade deal with China have not materialized yet. But according to a story from Stephanie Ho, Agriculture Secretary Sonny Perdue is urging farmers not to expect another year of Market Facilitation Program (MFP) payments.

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USDA Extends Deadlines for Dairy Margin Coverage, Market Facilitation Programs

Dan Dairy, Industry News Release

The new signup deadline is Dec. 20. (USDA/FSA) — Due to the prolonged and extensive impacts of weather events this year, the U.S. Department of Agriculture (USDA) today extended the deadline to Dec. 20 for producers to enroll in the Dairy Margin Coverage (DMC) program for the 2020 calendar year. The deadline had been Dec. 13. USDA announced it is also continuing …

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Eligible Cotton Producers Receiving MFP Payments

Dan Cotton, Economy

The U.S. Department of Agriculture (USDA) has begun issuing the second tranche of payments for the 2019 Market Facilitation Program (MFP). Producers of MFP-eligible commodities, like cotton, will be eligible to receive 25% of the total payment expected, in addition to the 50% already received. National Cotton Council (NCC) Vice President of Washington Operations, Reece Langley, notes a third tranche …

net farm income

Disaster Block Grant and MFP Dollars Coming

Dan Economy

The U.S. Department of Agriculture (USDA) recently announced the second tranche of 2019 Market Facilitation Program (MFP) payments’ aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations’ will be coming soon. Tyron Spearman has more on that, plus also notes Disaster Aid Block Grant money will be coming to some producers in the Southeast.

usda

USDA Issues Second Tranche of Market Facilitation Program

Dan Economy, Industry News Release

(USDA) — U.S. Secretary of Agriculture Sonny Perdue announced the second tranche of 2019 Market Facilitation Program (MFP) payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. The payments will begin the week before Thanksgiving. Producers of MFP-eligible commodities will now be eligible to receive 25 percent of the total payment expected, in addition …

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USDA Reminds Producers of Feb. 14 Deadline for Market Facilitation Program

Dan Economy, Industry News Release

Agricultural producers have until Feb. 14, 2019, to sign up for USDA’s Market Facilitation Program (MFP), launched last year to help producers suffering from damages due to unjustified trade retaliation. Producers can apply without proof of yield but must certify 2018 production by May 1, 2019. Since its launch in September 2018, more than 864,000 producers have applied, supporting those hit hard …