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Articles tagged under: MFP

Advocating for Crop Insurance

Published October 18, 2020

USDA says net farm income will total nearly $103 billion this year, up 23 percent from $84 billion in 2019. Thirty-six percent of that income this year is from the federal government. "It's because of the combined impact of MFP;…
Top StoriesLatest NewsPolicy

Congress Preparing Another COVID-19 Relief Package

Published July 7, 2020

Congress is expected to take up another coronavirus assistance package later this month. Over the past two years, approximately $29 billion has gone out to farmers above and beyond the farm bill. "Economic conditions are even worse this year," said…
Top StoriesLatest NewsPolicy

Rural Perspectives

Published February 10, 2020

In this edition of the Rural Perspectives podcast from AgCountry Farm Credit Services, market education specialist Katie Tangen talks about phase one of the China trade deal, the third tranche of Market Facilitation Program payments and farm program sign-up. Listen…
Top StoriesLatest NewsMarkets

MFP Payments On The Way

Published February 4, 2020

The latest round of Market Facilitation Program payments should begin to reach farmers by the end of this week. This is the third and final tranche of payments designed to mitigate losses from trade retaliation. The payments will be made…
Top StoriesLatest NewsPolicy

Still Waiting for the MFP 2.3 Payment

Published February 3, 2020

The Trump Administration was expected to announce the third traunche of Market Facilitation Program payments in late January. The calendar has now turned to February and there’s been no announcement. President Donald Trump and Agriculture Secretary Sonny Perdue have said…
Latest NewsAg Business

Don’t Expect Annual MFP Payments, Says Perdue

Published December 13, 2019

Speaking at the Farmers Business Network Farmer2Farmer event in Omaha, Agriculture Secretary Sonny Perdue said farmers should not count on additional trade assistance next year. "My advice to farmers every year is to look at the market and make their…
Latest NewsPolicy

Trade Disputes Tiring NW MN Farmers

Published August 13, 2019

Farmers are tired of the trade war. That’s one takeaway from a roundtable discussion between northwestern Minnesota farmers and Minnesota Senator Tina Smith Monday night. Crookston farmer Tim Dufault said he's tired of reading that farmers are okay with the…
Top StoriesLatest NewsPolicy

USDA Outlines MFP and PP Rules

Published June 11, 2019

Farmers must plant a crop to be eligible for Market Facilitation Program payments. USDA issued a statement on trade assistance and disaster programs, saying USDA has no legal authority to make MFP payments for acreage that is not planted. Farmers…
Top StoriesLatest News

USDA Responds to MFP II Payment Rate Report

Published May 21, 2019

The U.S. Department of Agriculture has responded to a Bloomberg report on the details of the new trade aid, calling it inaccurate. In a statement, USDA says the details on the new farming support system will be announced soon, but…
Top StoriesLatest NewsCropsPolicy

Shutdown Impacts MFP Process

Published December 31, 2018

Farmers who have already certified their 2018 production with the Farm Service Agency should continue to receive their Market Facilitation Program payments during the government shutdown. However, those farmers that still need to fill out the paperwork must wait until…
Latest NewsMarketsPolicy

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