What you need to know about the Market Facilitation Program

The sign-up period for MFP is now open and runs through January 15, 2019, with information, forms and instructions provided here.  The MFP provides payments to cotton, corn, dairy, hog, sorghum, soybean, and wheat producers who have been significantly impacted by actions of foreign governments resulting in the loss of traditional exports. The MFP is established under the statutory authority of the Commodity Credit Corporation CCC Charter Act and is under the administration of USDA’s FSA. Eligible producers should apply after harvest is complete, as payments will only be issued once production is reported.

A payment will be issued on 50 percent of the producer’s total production, multiplied by the MFP rate for a specific commodity. A second payment period, if warranted, will be determined by the USDA.

Market Facilitation Program

Cotton  $0.06 / lb.

Corn

$0.01 / bu.

Dairy (milk)

$0.12 / cwt.

Pork (hogs)

$8.00 / head

Soybeans

$1.65 / bu.

Sorghum

$0.86 / bu.

Wheat

$0.14 / bu.

Total

$4,696,300

** Initial payment rate on 50% of production

MFP payments are limited to a combined $125,000 for corn, cotton, sorghum, soybeans, and wheat capped per person or legal entity. MFP payments are also limited to a combined $125,000 for dairy and hog producers. Applicants must also have an average adjusted gross income for tax years 2014, 2015, and 2016 of less than $900,000. Applicants must also comply with the provisions of the Highly Erodible Land and Wetland Conservation regulations.

 

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