USDA Relief Programs
The United States Department of Agriculture has announced details surrounding three-short term relief programs. President Donald Trump announced last month a $12 billion aid package in response to trade damage from retaliatory tariffs on agriculture products by foreign countries. The Food Purchase and Distribution Program will purchase $1.2 billion in commodities while distributing them to nutrition assistance programs.
Those commodities include beef, sweet corn, pecans, and peanut butter. Agricultural Trade Promotion is the second program that will provide an additional $200 million to develop foreign markets. US exporters will identify and access new markets with these funds while assisting all sectors of US agriculture with advertising, public relations, trade fairs and more.
The Market Facilitation Program will grant $4.7 billion towards corn, cotton, dairy, hog, wheat, and soybeans producers after the completion of the 2018 harvest. The payment rates will depend on the severity of trade disruption along with the adjustment period towards new trade patterns.
Applications for MFP will be available September 4th and consideration is based on 50% of an eligible farmer’s production. ATP cost share applications will be available until November 2nd. For more information and applications on these programs visit www.farmers.gov/MFP or go to your local Farm Service Agency office.