Sonny Perdue Confirms Discontinuance of MFP Aid into 2019

​Agriculture Secretary Sonny Perdue mentioned Monday that a second, multi-billion-dollar round, estimated at nearly $4.7 billion, of financial assistance will be made to soybean, cotton, pork, dairy, sorghum, wheat, corn, shelled almonds, and sweet cherry producers by December. 

The Market Facilitation Program (MFP), administered by the Farm Service Agency, was set up to administer payments to producers who are affected by retaliations in global trade. The Program authorized up to $12 billion in aid to qualified applicants who reported less than an average of $900,000 in adjusted gross income for the years 2014-2016.
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Perdue stated there are no plans for the payments into 2019, saying, “Farmers are very resilient and will decide their production plans for the new year without the expectations of a market facilitation program.”