USDA Market Facilitation Program: Jan. 15 Deadline
November 7, 2018
USDA launched the trade mitigation package aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. Producers of certain commodities can now sign up for the Market Facilitation Program (MFP).
USDA’s Farm Service Agency (FSA) will administer MFP to provide payments to corn, cotton, dairy, hog, sorghum, soybean, wheat, shelled almond, and fresh sweet cherry producers. An announcement about further payments will be made in the coming months, if warranted.
The initial MFP payment rates are:
• Corn - $0.01 per bushel
• Cotton - $0.06 per...