USDA Has Paid Farmers $2.46 Billion In MFP Payments to Date
by Anna-Lisa Laca, AgWeb
Sep 05, 2019
USDA began issuing the second round of Market Facilitation Program (MFP) payments on Aug. 21, and since that time the agency has paid farmers $2.46 billion.
Up to $7.25 billion is available this fall from the $14.5 billion earmarked for aid.
Illinois, Iowa, Minnesota, Kansas and Indiana are the top states for payments, says Pro Farmer policy analyst Jim Wiesemeyer.
“USDA had processed 175,173 applications as of Tuesday,” he says.
Enrollment opened on July 29 and runs through Dec. 6. USDA officials say additional tranches of payments will be made in November and January if market and trade conditions warrant. Sources agree those payments will occur.
MFP By The Numbers ...