Articles tagged under: USDA

Northey Offers Perspective on Market Facilitation Program

Published September 15, 2018

To determine the payment rates for the Market Facilitation Program, USDA used a formula that considers the export losses associated with trade tariffs. "In this case, you've got to have trade to be impacted," said Undersecretary Bill Northey. "That's why…
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Local Farmers Meet with Northey

Published September 14, 2018

A group of local farmers met with USDA Undersecretary Bill Northey Tuesday, prior to the Big Iron Farm Show. American Crystal Sugar Company Board Chairman and Fisher, Minnesota farmer Curt Knutson tells RRFN trade is still top-of-mind for farmers, including…
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NFU Fly-In Takes Place This Week

Published September 9, 2018

The National Farmers Union will host 350 members in Washington D.C. for their 2018 Fall Legislative Fly-In this week. During their time in the capitol city, farmers and ranchers from around the country will meet with Trump administration officials and…
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Perdue Defends Payment Calculation Formula

Published September 6, 2018

Agriculture Secretary Sonny Perdue is defending the payment rates found within the new Market Facilitation Program. The USDA leader said he is comfortable with the process. "We have used calculations that are known to economists that calculate tariff damages. They…
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Trade Issues to be Heard in Ag Committee

Published September 6, 2018

The Senate Agriculture Committee will hold a hearing on agricultural trade on Thursday. The witness list includes USDA Undersecretary for Trade and Foreign Agricultural Affairs Ted McKinney, Chief Agricultural Negotiator Gregg Doud and USDA Chief Economist Rob Johansson.
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State Breakdown for Direct Payments

Published September 4, 2018

Not surprisingly, the largest soybean production states will receive the largest share of the USDA Market Facilitation Program payments. According to American Farm Bureau Market Intel, Illinois farmers will receive more than $596 million, followed by Iowa at $576 million.…
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Questions Remain for Hog Trade

Published September 3, 2018

The Market Facilitation Program payments for pig farmers are based on the August 1 inventory. Farmers will be paid $8 per head on a maximum of 50 percent of their hog supply. There are still some unanswered questions. "For example,…
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