The U.S. Department of Agriculture (USDA) has announced the details of assistance to farmers due to increased trade tariffs.
Administered by multiple departments under the USDA umbrella, these programs are designed to assist agricultural producers to help recover some of the costs of disrupted markets, explained Jack Davis, SDSU Extension Crops Business Management Field Specialist.
Below he outlines the basics, as provided by the USDA in August 27, 2018.
Apply after harvest 2018
Interested producers can apply for programs that apply to their operation after harvest is 100 percent complete. Agriculture producers need to be able to report their total 2018 production.
To apply for the Market Facilitation Program, visit www.farmers.gov/mfp beginning September 4.
Producers will be able to submit their MFP applications in person, by email, fax or by mail.
The Market Facilitation Program is established under the statutory authority of the Commodity Credit Corporation (CCC) and administered by FSA.
For each commodity covered, the payment rate will be dependent upon the severity of the trade disruption and the period of adjustment to new trade patterns, based on each producer’s actual production.
For more information, visit www.usda.gov or contact Davis with questions, email@example.com.
Source: South Dakota State University
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