By the first week of December, USDA is expected to announced the next round of Market Facilitation Program payments. “We’ll likely see a second half payment similar to the first half, but we haven’t done that math yet,” said Bill Northey, USDA Undersecretary for Farm Production and Conservation. Northey told RRFN MFP payments may be adjusted to account for regional differences. “Whether there could be a capture of the extra impact seen in the Northern Plains because of soybeans and wheat not moving out of that area to the Pacific Northwest and getting exported, we haven’t figured out exactly how that could be implemented in the next round, but we are seriously looking at several different models on how that could be addressed.”
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