Articles tagged under: Market Facilitation Program
MFP: a Large Share of 2018 Net Farm Income
Published May 2, 2019
The USDA Market Facilitation Program was a one-time effort to mitigate trade-related losses. AgCentric Director Keith Olander, who is based at Staples, Minnesota, says MFP payments were responsible for nearly all of the net farm income. "Medium net farm income…No MFP Payments in ’19
Published February 22, 2019
For many farmers, the Market Facilitation Program was the difference between a positive or negative bottomline for 2018. During the USDA Ag Outlook Conference in the Washington, D.C. area, Agriculture Secretary Sonny Perdue made it clear that farmers will not…USDA Extends MFP Application Deadline
Published January 8, 2019
USDA is extending the deadline to apply for Market Facilitation Program payments. The original deadline was January 15, but is being adjusted due to the government shutdown. According to Agriculture Secretary Sonny Perdue, the deadline will be extended for a…Top Stories of 2018
Published December 30, 2018
1. The Ongoing Trade War- The tit-for-tat trade spat between the U.S. and China dominated the agricultural news scene this past year. The tension began in March with President Donald Trump imposing tariffs on steel and aluminum imports. China responded…Government Shutdown to Impact Certain USDA Activities
Published December 23, 2018
With the lapse in government funding, some USDA activities will be shut down or significantly reduced. On Twitter, Agriculture Secretary Sonny Perdue said Farm Service Agency offices will remain open with regular business offices until Friday, December 28. Farmers can…Corn Growers “Disappointed” with Second MFP Payment
Published December 18, 2018
In the second round of Market Facilitation Program payments, the rate for corn was again set at one cent per bushel. According to the National Corn Growers Association, the rate is inadequate to cover losses due to the trade tariffs."We…Farmers Receive MFP Payments
Published December 18, 2018
According to North Dakota Farm Service Agency Program Director Brian Haugen, a large number of farmers have already signed up for the trade mitigation payments. "In North Dakota, we've received and processed a little over 18,000 applications," said Haugen. "We've…Perdue Makes the Case for Second Trade Aid Payment
Published December 17, 2018
Agriculture Secretary Sonny Perdue met with President Trump and White House officials Friday, trying to gain support for the second round of Market Facilitation Program payments. USDA has been at odds with the Office of Management and Budget over the…NDFU Urges Administration to Make MFP Payment
Published December 17, 2018
In a special order of business, the North Dakota Farmers Union called on the Trump Administration to immediately issue the second trade relief payment. In a statement, NDFU President Mark Watne said it is great to see trade resuming with…