USDA To Begin Issuing Round Two of 2019 MFP Next Week

USDA To Begin Issuing Round Two of 2019 MFP Next Week

USDA Agriculture Secretary Sonny Perdue on Friday announced that the second tranche of 2019 Market Facilitation Program payments will begin being issued next week. 

Producers of MFP-eligible commodities will now be eligible to receive 25% of the total payment expected, in addition to the 50% they have already received from the 2019 MFP, USDA said in a release.

“This second tranche of 2019 MFP payments, along with already provided disaster assistance, will give farmers, who have had a tough year due to unfair trade retaliation and natural disasters, much needed funds in time for Thanksgiving,” Perdue said. “President Trump has shown time and again that he is fighting for America’s farmers and ranchers. While we continue to have confidence in the President’s negotiations with China, this money shows President Trump following through on his promise to help and support farmers as he continues to fight for fair market access.”

 

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Anna-Lisa Laca
Fri, 11/15/2019 – 14:01

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Risk Management
Subsidies
USDA
Dairy (General)
Retail Business

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Producers of MFP-eligible commodities will now be eligible to receive 25% of the total payment expected, in addition to the 50% they have already received from the 2019 MFP, USDA said in a release.

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MGN Online
Source: Dairy Herd