Articles tagged under: Market Faciliation Program
Harvest Delays are Keeping Basis Levels Strong
Published November 20, 2019
A late harvest has local elevators searching for grain supplies. That is a bright sport for farmers looking to market this year’s crop. NDSU Extension crops economist and marketing specialist Frayne Olson says basis levels are stronger than normal for…Next Traunche of MFP Payments on the Way
Published November 18, 2019
The second tranche of Market Facilitation Program payments will be made beginning today. Farmers will receive 25 percent of the total 2019 MFP payment. That’s on top of the 50 percent payment made earlier this year. Agriculture Secretary Sonny Perdue…MFP Payments Coming Soon
Published November 8, 2019
The Trump Administration has authorized the second tranche of Market Facilitation Program payments, which will be made later this month or in early December. "I full expect the November payments to be distributed," says Pro Farmer policy analyst Jim Wiesemeyer.…MFP Funding Tied to Stopgap Spending Measure
Published September 16, 2019
Congress must pass a continuing resolution by October 1 to keep the government running. USDA’s Market Facilitation Program is part of that discussion. House Appropriations Committee Chair Nita Lowey may reject the Trump Administration’s request for $30 billion in Commodity…Farm Income May Look Very Different From Last Year
Published August 2, 2019
AgCountry Farm Credit Services Senior Tax Specialist Ashley Kieke says weather challenges most likely changed the amount of crop insurance received. The new Market Facilitation Program payment is also unique. "In 2018, the signup period for MFP straddled 2018 and…More Information Needed to Process MFP
Published July 29, 2019
American Farm Bureau Federation Chief Economist John Newton says more information is needed to process the impact of USDA’s Market Facilitation Program payment county rates. "We need to see the other side of this coin. All we've seen are the…Farmers Digest Details of Trade Aid, Still Concerned on Trade
Published July 27, 2019
Farmers are digesting the details of the county rate payments in the USDA’s Market Facilitation Program. Valley City, North Dakota farmer and American Soybean Association director Monte Peterson was in Washington D.C. for the announcement. "We have to let this…Farm Groups Still Want Trade, Not Aid
Published July 26, 2019
Farm groups are somewhat positive in response to USDA’s release of more trade mitigation payment details, though many still say they’d rather have trade over aid. In a statement, the National Association of Wheat Growers says the MFP payments provide…County Payment Rates Vary in MFP 2.0
Published July 26, 2019
Neighboring counties will differ in payment rates under the new Market Facilitation Program. Agriculture Secretary Sonny Perdue says the different payment rate variations are an attempt to equitably distribute the funds. "Disparities were impossible to overcome aside from doing an…