payments

USDA Announces More Payments

Dan Economy

Last Friday, U.S. Secretary of Agriculture Sonny Perdue announced that the second tranche of 2019 Market Facilitation Program (MFP) payments will begin the week before Thanksgiving. Tyron Spearman has more details.

funding package

USDA Details Trade Damage Estimate Calculations

Dan Economy, Industry News Release

Washington, D.C. (USDA) – U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) Office of the Chief Economist has published a detailed accounting of how estimated damage from trade disruptions was calculated for its support package for farmers announced on July 25, 2019. USDA’s Office of the Chief Economist developed an estimate of gross trade …

mfp

MFP Payment Deadline May be Extended

Dan Economy

A majority of the U.S. Department of Agriculture (USDA) wasn’t originally disrupted by the partial government shutdown, but now that it has moved into 2019, it is in various ways. One of those is sending the second round of Market Facilitation Program (MFP) payments to farmers. Farm Journal said if the standoff continues, it will more than likely affect the timing …

Chinese subsidies

Second Round of Trade Aid Payments Underway

Dan Corn, Cotton, Dairy, Economy, Pork, Wheat

The U.S. Department of Agriculture (USDA) is moving forward on the second and final round of trade mitigation payments to farmers hurt from retaliation by America’s trading partners. Commodity producers are now eligible to receive market facilitation payments (MFP) on the second half of their 2018 production. USDA has been sending out the first round of MFP payments to producers …